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Average Rent in Downtown Oakland & Rent Trends

Rent prices and market trends across 11 apartment communities in Downtown Oakland, Oakland, CA. Updated daily.

Market Average

$2,520/mo

▼ 3% from last month

Lowest Available

$1,910/mo

cheapest unit on market

Communities

11

tracked daily

Units Listed

31

available now

Downtown Oakland vs Oakland, CA Average

Downtown Oakland is cheaper the Oakland, CA average by $835/mo (25%). The citywide average is $3,355/mo across all neighborhoods.

Is Rent Going Up or Down in Downtown Oakland?

As of May 2026, the average rent in Downtown Oakland is $2,520 per month across 11 apartment communities and 31 available units. Rents have decreased $93 (3%) over the past month.

The most affordable option is Forma starting at $1,910/mo. By unit type, a studio averages $2,520/mo.

Prices range from $1,910 to $3,879 per month. The most common price point is the $2,200 range, where 11 units are currently listed.

Downtown Oakland Rent Price History

Rent Price Distribution

Rent by Bedroom Type in Downtown Oakland

Studio
$2,520
from $1,910 · 31 units

Rent Prices by Apartment in Downtown Oakland

Property Starting at Average Units Rating
Forma $1,910/mo $2,134/mo 6 4.6
Lydian $1,989/mo $2,002/mo 2 3.6
Residences at Lake Merritt $2,025/mo $2,025/mo 1 4.3
Domain Oakland $2,076/mo $2,076/mo 1 3.6
Bell Uptown District Apartments $2,105/mo $2,158/mo 2 4.4
Skaia $2,149/mo $2,225/mo 2 4
19th & Harrison Apartments $2,301/mo $2,330/mo 5 4.2

Google Search Trends for Downtown Oakland Apartments

Search interest for apartments in this area over the past 12 months.

Search Interest Over Time

Frequently Asked Questions About Rent in Downtown Oakland

What is the average rent in Downtown Oakland?
The average rent in Downtown Oakland is $2,520 per month as of May 2026, based on 31 units across 11 apartment communities.
Is rent going up or down in Downtown Oakland?
Rent in Downtown Oakland has decreased $93 (3%) over the past month. The current average is $2,520/mo.
What is the cheapest apartment in Downtown Oakland?
The most affordable apartment in Downtown Oakland is Forma with units starting at $1,910/mo.
How many apartments are available in Downtown Oakland?
There are 31 units available across 11 apartment communities in Downtown Oakland.

What salary do I need to live comfortably in Downtown Oakland?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$101,000/year

30 percent rule -- using our average rent of $2,520/mo.

Comfortable income

$121,000/year

25 percent rule -- leaves more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,910/mo), you need to earn at least $76,000/year.

Median household income in Downtown Oakland is $97,369 , about 20% below the comfortable-living threshold.

Cost of living in Downtown Oakland

Overall prices in Downtown Oakland runs above the national average by about 18% (BEA Regional Price Parity index 117.6, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Downtown Oakland's regional price parities.

Category Monthly estimate
Rent (market average) $2,520
Utilities $861
Groceries $622
Transportation $2,051
Healthcare $1,001
Other goods and services $1,601
Estimated total $8,656/mo

Population

438,072

Median household income

$97,369

Census median rent

$1,917/mo

Rent as % of income

30.5%

Median age

37.6

Mean commute

31 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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