Apartments for Rent in Merritt, Oakland, CA

Merritt, Oakland apartment availability

Merritt's rental market offers a good selection of listings, with an average of 39 rentals available each month. The majority of rentals are 1-bedroom apartments, followed by studios and 2-bedroom apartments. Many of these apartments cater to pet owners, with 64% allowing pets, although some may have restrictions. This makes Merritt a great option for those looking for a pet-friendly neighborhood. With a range of apartment sizes available, Merritt is a versatile neighborhood that can accommodate various needs and preferences.

Merritt, Oakland rental market trends

Merritt, Oakland's rental market experienced a decline in 2024, with an average monthly rent of $1,857, an 8% decrease from the previous year. The average rent for 1-bedrooms is around $1,837, a 5% decrease, while 2-bedrooms average $3,005, a 5% increase. Studios average $1,693, an 8% decrease, and 3-bedrooms average $5,342, a 5% decrease.

The rental market in Merritt, Oakland tends to fluctuate throughout the year. January typically sees the highest rent, with a 25% increase compared to July, the month with the lowest rent. This suggests that renters may find better deals during the summer months. However, it's essential to note that the most competitive months in terms of demand and inventory are not provided, making it challenging to pinpoint the best time to search for an apartment. Nonetheless, being aware of the rent fluctuations can help renters make informed decisions when navigating the market.

Why Merritt, Oakland is a great place to live

Merritt is a top choice for renters prioritizing social living and environmental sustainability. The neighborhood's high walk score and transit frequency make it an ideal spot for those who value easy access to social activities and community engagement. Additionally, Merritt's age distribution and street infrastructure contribute to its vibrant social scene. For eco-conscious renters, Merritt stands out with its use of non-toxic paint, waste recycling and composting programs, and incorporation of sustainable materials in construction. The neighborhood's parks and recreation areas, rainwater harvesting and recycling initiatives, and community solar projects further enhance its environmental sustainability. Overall, Merritt offers a unique blend of social and eco-friendly living, making it an attractive option for like-minded renters.