B
316%
Med. Home Val. NAT. AVG.
128%
Rent NAT. AVG.
61%
Owner Occ. NAT. AVG.

Lake Merritt Housing Information

IndexLake MerrittOaklandCalifornia
Median home price$768,150$730,000$409,300
Median rent asked$2,166$1,539$1,297
Avg. people per household1.52.63.0
Owner occupied households24.7%40.9%54.1%
Renter occupied households75.3%59.1%45.9%
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Housing Quick Facts

  • The median home price in Lake Merritt is 316% higher than the national average.
  • The median rent asked in Lake Merritt is 128% higher than the national average.
  • The average number of people per household in Lake Merritt is 44% lower than the national average.
  • The number of owner occupied households in Lake Merritt is 61% lower than the national average.
  • The number of renter occupied households in Lake Merritt is 107% higher than the national average.

Most Affordable Places to Live in and Around Lake Merritt

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Strawberry CDP (Tuolumne County), CA116$0100%
      Pacheco, CA4,775$124,60033%
      San Miguel CDP (San Luis Obispo County), CA2,696$287,10055%
      El Cerrito CDP, CA5,699$369,500100%
      Montalvin Manor, CA2,490$371,900101%
      Oakland, CA422,575$730,000295%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Minneapolis, MN424,536$268,10045%
      Tulsa, OK402,441$143,40022%
      Arlington, TX397,269$188,1002%
      Tampa, FL395,912$254,60038%
      Virginia Beach, VA450,882$287,40056%
      Oakland, CA422,575$730,000295%
      Source: The Lake Merritt, Oakland, CA housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).