The Most Affordable Neighborhoods in Reservoir Hills, Oakland, CA by Home Value

 

Reservoir Hills, Oakland, CA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Reservoir Hills area can be challenging. Home prices in Reservoir Hills are now at a median cost of $770,281, lower than the Oakland average of $891,096.

The average cost of rent is $1,840/mo in Reservoir Hills, primarily driven by the current value of real estate in the Reservoir Hills area. In Reservoir Hills, 67.45% of households rent, and 30.98% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Reservoir Hills is $6,042 per month. Households that rent pay about 30.45% of their income on rent here. Reservoir Hills’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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