Apartments for Rent in Grand Lake, Oakland, CA

Grand Lake, Oakland apartment availability

Grand Lake's rental market offers a good selection of listings, with an average of about 59 rentals available each month. The majority of rentals are 1-bedroom and 2-bedroom apartments, making up about 52 units. Many apartments in Grand Lake offer convenient amenities, including a dishwasher in 58% of apartments and on-site laundry in 69% of apartments. Additionally, about half of the apartments in the area are pet-friendly, making it a suitable option for renters with pets.

Grand Lake, Oakland rental market trends

The Grand Lake neighborhood in Oakland is experiencing a unique trend in rent prices. In 2024, the average monthly rent across all property types decreased by 4.15% from the previous year to approximately $2,316. This decline is reflected in the average rent prices for 1-bedrooms, 2-bedrooms, and studios, which saw year-over-year decreases of 5.37%, 7.02%, and 5.16%, respectively. However, 3-bedrooms bucked this trend, with an 11.07% increase in average rent.

Renters looking for a deal in Grand Lake should consider November, when rent prices are typically at their lowest, averaging around 15% less than January, the most expensive month. In contrast, January sees the highest rent prices, making it the most competitive time to apartment hunt in the area. With more units available than demand in November, renters may have a better shot at affordability during this time.

Why Grand Lake, Oakland is a great place to live

We've analyzed the data on Grand Lake, Oakland, and found that this neighborhood excels in catering to pet owners and those seeking an active social life.

For pet enthusiasts, Grand Lake offers a range of pet-friendly amenities, including designated pet spaces, pet-safe windows, and easy access to pet hospitals. The neighborhood also features outdoor spaces and hosts pet events, making it an ideal location for pet owners who want to provide their furry friends with a happy and healthy lifestyle.

With its strong street infrastructure, high safety ratings, and excellent walk score, Grand Lake is also perfect for those who value a vibrant social life. The neighborhood's age distribution and frequent transit options further contribute to its appeal, making it easy to get out and explore all that the area has to offer.