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These days, finding an affordable place to live in the Central Berkeley area can be challenging. Home prices in Central Berkeley are now at a median cost of $1,251,006, lower than the Berkeley average of $1,315,246.
The average cost of rent is $2,197/mo in Central Berkeley, primarily driven by the current value of real estate in the Central Berkeley area. In Central Berkeley, 61.30% of households rent, and 28.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Central Berkeley is $8,657 per month. Households that rent pay about 25.38% of their income on rent here. Central Berkeley’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Downtown Berkeley, Berkeley, CA: less expensive homes
- SouthWest Berkeley, Berkeley, CA: equally priced homes
- Westbrae, Berkeley, CA: equally priced homes
- Santa Fe, Emeryville, CA: equally priced homes
- South Berkeley, Berkeley, CA: less expensive homes
- North Berkeley, Berkeley, CA: higher priced homes
- Northwest Berkeley, Berkeley, CA: equally priced homes
- Elmwood, Berkeley, CA: equally priced homes
- Berkeley Hills, Berkeley, CA: higher priced homes
- Paradise Park, Emeryville, CA: less expensive homes
Neighborhoods with Similar Populations
- Rancho Sahuarita, Sahuarita, AZ: less expensive homes
- Northgate, San Rafael, CA: less expensive homes
- West Meade, Nashville, TN: less expensive homes
- Lake Marion Village, Poinciana, FL: less expensive homes
- West Bethlehem, Bethlehem, PA: less expensive homes
- Forest View, Lansing, MI: less expensive homes
- Central Carrollton, Carrollton, TX: less expensive homes
- Cherry Hill, Brooklyn, MD: less expensive homes
- Fairview, Camden, NJ: less expensive homes
- Riverside, Jacksonville, FL: less expensive homes
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