Rent in 94607 (Oakland, CA)
In ZIP 94607 (Oakland, CA), a 2-bedroom typically rents for $2,531–$2,805 a month, 10% below the Alameda County Fair Market Rent of $2,805. Other sizes: studio $1,385–$2,088, 1 bed $1,662–$2,290, 3 beds $2,486–$3,592, 4 beds $4,250. Owner-occupied homes in Alameda County pay about 0.78% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Range | Best guess | County FMR |
|---|---|---|---|
| Studio | $1,385–$2,088 | $1,385 | $2,08834% below |
| 1 bed | $1,662–$2,290 | $1,662 | $2,29027% below |
| 2 beds | $2,531–$2,805 | $2,531 | $2,80510% below |
| 3 beds | $2,486–$3,592 | $2,486 | $3,59231% below |
| 4 beds | $4,250 | $4,250 | $4,250used above |
- Studio: Census ACS 5-year median gross rent $1,385 ±$381 (Dec 31, 2024); HUD Fair Market Rent (county) $2,088 (Oct 1, 2026)
- 1 bed: Census ACS 5-year median gross rent $1,662 ±$287 (Dec 31, 2024); HUD Fair Market Rent (county) $2,290 (Oct 1, 2026)
- 2 beds: Census ACS 5-year median gross rent $2,531 ±$286 (Dec 31, 2024); HUD Fair Market Rent (county) $2,805 (Oct 1, 2026)
- 3 beds: Census ACS 5-year median gross rent $2,486 ±$335 (Dec 31, 2024); HUD Fair Market Rent (county) $3,592 (Oct 1, 2026)
- 4 beds: HUD Fair Market Rent (county) $4,250 (Oct 1, 2026)
Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
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Frequently asked questions
- What is the rent for a 2-bedroom in 94607?
- Typically $2,531–$2,805 a month, with a best guess of $2,531. That is 10% below the Alameda County Fair Market Rent ($2,805).
- What is the rent for a 1-bedroom in 94607?
- Typically $1,662–$2,290 a month, with a best guess of $1,662. That is 27% below the Alameda County Fair Market Rent ($2,290).
- What is the rent for a 3-bedroom in 94607?
- Typically $2,486–$3,592 a month, with a best guess of $2,486. That is 31% below the Alameda County Fair Market Rent ($3,592).
- What is the rent for a studio in 94607?
- Typically $1,385–$2,088 a month, with a best guess of $1,385. That is 34% below the Alameda County Fair Market Rent ($2,088).
- What is the rent for a 4-bedroom in 94607?
- $4,250 a month, the HUD Fair Market Rent for Alameda County; there is no ZIP-level figure for 94607.
- What is the property tax rate in ZIP 94607?
- Owner-occupied homes in Alameda County pay a typical 0.78% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do the 94607 rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).