Apartments for Rent in Prescott, Oakland, CA

Prescott, Oakland apartment availability

Prescott's rental market offers a good selection of listings, with an average of around 44 rentals available each month. The neighborhood's inventory is diverse, featuring a mix of studio, 1-bedroom, 2-bedroom, and 3-bedroom apartments. Many of these rentals come with desirable amenities, including in-unit laundry, outdoor space, and on-site laundry facilities, which are available in nearly 40-50% of the apartments. This variety of options and amenities makes Prescott a great neighborhood to consider for renters with different needs and priorities.

Prescott, Oakland rental market trends

Prescott's rental market experienced a 5% decline in average rent over the past year, with the current average monthly rent standing at $2,317. 1-bedrooms saw a significant 12.5% increase, now averaging $1,655 per month. In contrast, 2-bedrooms and 3-bedrooms experienced declines of 10.7% and 13.7%, respectively, with average rents of $2,611 and $2,867. Studio apartments also saw a 10.1% decrease, now averaging $1,376 per month.

The rental market in Prescott tends to fluctuate throughout the year, with March typically seeing the highest rents. In fact, rents in March are about 39.5% higher than in November, the month with the lowest average rent. If you're looking for a new apartment, November may be a good time to find a deal. However, if you're looking for a specific type of apartment, be prepared for varying levels of competition throughout the year.

Why Prescott, Oakland is a great place to live

Prescott stands out as a haven for those prioritizing environmental sustainability and a vibrant social life. The neighborhood's commitment to green living is evident in its use of non-toxic paint, waste recycling and composting programs, and incorporation of sustainable materials in construction. The presence of community solar projects and rainwater harvesting systems further underscores this focus. For those valuing social connections, Prescott's high walk score, well-planned street infrastructure, and frequent transit options make it easy to get around and engage with the community. A balanced neighborhood age distribution and emphasis on safety also contribute to its appeal for social enthusiasts. Overall, Prescott offers a unique blend of eco-conscious living and social opportunities, making it an attractive choice for like-minded individuals.