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540 Merritt Ave is highly rated with an overall score of 8.3, signifying it as an excellent choice for renters. The property scores notably high in price, amenities, location, and trustworthiness, reflecting a strong balance between value and quality. Its proximity to top-rated schools and public transportation further enhances its appeal, making it a desirable option for those seeking convenience and a premier living experience.
Things you’ll love
| 2/1 | 2 bed | 1 bath | $3,095 /mo | 1 unit available | $1000 Relocation Rebate! Moving is expensive! Let us help you with your moving costs. Please see leasing office for more details. Unit Description: Remodeled Unit Stacked laundry in Unit Forced air heating Real Stone Countertop Stainless Steel Appliances includes dishwasher Hardwood Rear entrance off kitchen Off Street parking at rear of building. EV charging available |
Let's explore this property.
Apartment Amenities
| Hardwood Floor | Water and Garbage Included |
Appliances
| In-Unit Laundry | Washer and Dryer |
Building
| Onsite Laundry |
Services
| On-Site Management |
Other
| Online Maintenance Portal |
One-time.
One-time. Refundable.
| Units | 4 |
|---|
$1000 Relocation Rebate! Moving is expensive! Let us help you with your moving costs. Please see leasing office for more details. Unit Description: Remodeled Unit Stacked laundry in Unit Forced air heating Real Stone Countertop Stainless Steel Appliances includes dishwasher Hardwood Rear entrance off kitchen Off Street parking at rear of building. EV charging available
How 540 Merritt Ave compares to other nearby properties.
Positives
Considerations
2-bedroom apartments at 540 Merritt Ave cost about the same as the average rent price for 2-bedroom apartments in Lakeshore.
| Month | Median Rent |
|---|---|
| January 2024 | $1,694 |
| February 2024 | $1,582 |
| March 2024 | $1,581 |
| April 2024 | $1,595 |
| May 2024 | $1,595 |
| June 2024 | $1,589 |
| July 2024 | $1,617 |
| August 2024 | $1,626 |
| September 2024 | $1,648 |
| October 2024 | $1,625 |
| November 2024 | $1,633 |
| December 2024 | $1,595 |
| January 2025 | $1,595 |
| February 2025 | $1,595 |
| March 2025 | $1,632 |
| April 2025 | $1,595 |
| May 2025 | $1,585 |
| June 2025 | $1,591 |
| July 2025 | $1,594 |
| August 2025 | $1,564 |
| September 2025 | $1,567 |
| October 2025 | $1,591 |
| November 2025 | $1,595 |
| December 2025 | $1,596 |
| Month | Median Rent |
|---|---|
| February 2024 | $1,725 |
| March 2024 | $1,704 |
| April 2024 | $1,695 |
Can I afford to live at Oakland?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$123,800/yr
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