Oakland rents grew over the past monthIn Oakland, rents increased by 1.6% over the past month, though rent prices have decreased by 1.2% in the past year. 1-bedrooms in Oakland have a median rent of $2,000, while 2-bedrooms cost $2,320.Oakland has the 4th highest rents San Francisco: San Francisco is the most expensive city for renters in the state. 2-bedrooms in San Francisco cost $4,600, and 1-bedrooms run $3,400. Rents have decreased by 1.0% in the past year. Los Angeles: LA has the 2nd highest rents in California. Median rents in LA are at $2,700 for 2-bedrooms and $1,920 for 1-beds. Rents in Los Angeles have grown by 2.4% in the past year, and prices are up 2.0% over last month. Anaheim: Anaheim is the 7th most expensive city for renters in California. A 2-bedroom in Anaheim runs a median rent of $1,770, while 1-bedrooms go for $1,560. Anaheim rents have grown by 3.6% over the past year. Long Beach shows the fastest-growing rents Long Beach: Having experienced a 7.8% increase in rents over the past year, Long Beach shows the fastest-growing rent prices in the state.
A 2-bedroom in Long Beach rents for $2,100, and 1-bedrooms run $1,400. Sacramento: Rents in the state’s capital are 7.1% higher than last year, the 2nd most year-over-year growth of any city during that same period. Rents grew by 4.0% over the past month, bringing median rents to $1,360 for 2-bedrooms and $1,150 for 1-beds. Fresno: Fresno shows the 3rd fastest-growing rents in California, at a 4.9% increase over the last year. 1- and 2-bedrooms in Fresno cost $690 and $830, respectively. For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link. Median 1 BR price Median 2 BR price Methodology:Apartment List Rent Report data is drawn monthly from the millions of listings on our site. 1-bedroom and 2-bedroom rents are calculated as the median for units available in the specified size and time period. Price changes are calculated using a “same unit” methodology similar to the Case-Shiller “repeat sales” home prices methodology, taking the average price change for units available across both time periods.
About Rent Reports:Apartment List’s Rent Reports cover rental pricing data in major cities, their suburbs, and their neighborhoods. We provide valuable leading indicators of rental price trends, highlight data on top cities, and identify the key facts renters should know. As always, our goal is to provide price transparency to America’s 105 million renters to help them make the best possible decisions in choosing a place to call home. Apartment List has released results for Oakland from the second annual Apartment List Renter Satisfaction Survey. The survey, which drew on responses from over 30,000 renters, provides insight into what states and cities must do to meet the needs of the 105 million American renters nationwide.“Overall, Oakland renters are very dissatisfied with their city,” says Andrew Woo, Director of Data Science at Apartment List. “The lowest scores were in categories that tend to most highly affect renters’ decisions on where to live, whereas other less influential categories received higher scores.”
Key findings in Oakland include the following: Oakland renters give their city an F overall for satisfaction. The highest-rated category for renter satisfaction in Oakland was access to public transit (A). Renters here are also relatively satisfied with weather (B+) and access to major roads and highways (B-). Oakland renters are less satisfied with quality of local schools (C-) and commute times (C). The areas where Oakland renters expressed their greatest dissatisfaction were safety (F) and affordability/cost of living (F). Millennial renters seem to be slightly less dissatisfied with the city than the overall renter population, with this particular subset giving the city a D. Renter satisfaction in Oakland compared very poorly to other nearby cities like San Francisco (A-) and Sacramento (C-). The top rated cities nationwide for renter satisfaction included Arlington, VA; The lowest rated cities included Newark, NJ; “I love that I live 5 blocks from work and 2 miles to all my favorite destinations (grocery store, movies, park, lake, restaurants, shopping and church).” —Anon.
“Oakland is a progressive city that supports the arts and plans strategically for growth. There is a great mix of cultures and amenities.” —Ann T. “I love it because it’s my home; I grew up here. I dislike it because the crime rate is so high.” —Asia S. “I dislike that Oakland has become unaffordable…The rising rents have trapped me in my current apartment, and there is now no way for me to save for my future unless I move further away from the city.” —Elise B. Apartment Therapy's Cost of Living Report What Does It Really Cost to Live in London? Living in a foreign country can be challenging enough — add in the weak dollar to the British pound and it seems impossible to live in London. After three years of living in one of the world's most expensive cities, I no longer bother to do the mental conversion rate to US dollars in my head, as it is just too depressing to think about... ...but for purposes of this list, for those of you thinking in dollars, here is the current exchange rate:
1 British Pound Sterling equals 1.56 US Dollar • Milk: 89 p/1 liter • Monthly Tube Pass: £116.80 (Zones 1 & 2, trains and buses) • Gas: £5.22 per gallon • Movie ticket: £12 • Restaurant Dinner: £25/person • Beer (draft pint): £4 A note on neighborhoods: I chose three neighborhoods with varying prices and vibes. Notting Hill was chosen for its quintessential London feel, and of course movie fame. Shoreditch is the edgy East London neighborhood that is quickly on its way to gentrification. For the third neighborhood I chose something south of the river, as prices are generally lower south of the Thames. Median Rents (One Bedroom): Notting Hill: £460 per week Shoreditch: £449 per week Clapham: £321 per week Notting Hill: 1 bed, 1 bath £395 per week/£1,712 per month Shoreditch: 1 bed, 1 bath £375 per week/£1,625 per month Clapham: 1 bed, 1 bath £350 per week/£1,517 per month Median Rents (Two Bedroom):