Berkeley, CA has a population of 120,179, while the median age is 31. The household income in Berkeley, CA is around $75,709. The homeownership rate among the residents is 43%. The median residential property value in Berkeley, CA that you should keep in mind is $861,800.
|Number Of Employees||62,055|
|Median Property Value||$861,800|
Over the Oct 2022, the average rent for an apartment in/near Berkeley, CA increased by 40% to $5,328.
Breaking it down in details, we now see that the average price for 1-bed apartment increased by 14.2% to $2,498. Pricing for 2-bed apartment also increased by 112% and a place of this size will now cost you $9,318. 3-bed apartment rent pricing starts at $2,565, it decreased by 50.9% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 9% and made it down to $3,153.
The median rent for an apartment in Berkeley, CA increased by 53.8% to $5,794. Statistics show that house rent price decreased by 37.6% this month making it up to $2,997. Condo for rent is now available for the same pricing as previously — $3,200. If you’re looking for a room, the price tag still starts at $1,500. The median price did not change this time.