Berkeley renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Berkeley is about $1,080 per month. This puts it in the 83rd percentile compared to the state average cost of rent, which is $1,235. Households in Berkeley have a median income of $5,120 per month so the average renter in Berkeley is spending roughly 21% of their earnings on housing.
Nationally, and in Berkeley, home values are the data point most closely correlated with the cost of rent. The median price of a home in Berkeley is $183,269 right now, which is lower than nearby cities, meaning that rents in Berkeley also tend to be lower versus these nearby cities.
Higher rent prices are common in the northeastern parts of Berkeley while lower rent rates are often available in central areas.
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