The Most Affordable Neighborhoods in Piedmont Avenue, Oakland, CA by Home Value

 

Piedmont Avenue, Oakland, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Piedmont Avenue area can be challenging. Home prices in Piedmont Avenue are now at a median cost of $888,135, higher than the Oakland average of $733,779.

The average cost of rent is $2,009/mo in Piedmont Avenue, primarily driven by the current value of real estate in the Piedmont Avenue area. While nearly 38.78% of residents own their homes outright in Piedmont Avenue, 69.18% rent.

Housing affordability isn’t just about home prices, though. The average household income in Piedmont Avenue is $8,858 per month. Households that rent pay about 22.68% of their income on rent here. Piedmont Avenue's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.


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