Is Berkeley, CA a good place to invest in rental property?

Berkeley, CA has a median modeled monthly cash flow of $-3,658 and a median cap rate of 2.0%, on a median sold price of $1,440,000. Prices changed -1.1% year over year.

What is the average cap rate in Berkeley, CA?

The median cap rate across recently sold homes in Berkeley, CA is 2.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Berkeley, CA?

The median sold price in Berkeley, CA is $1,440,000 (about $865 per square foot).

Investing in Berkeley, CA Real Estate

A data-driven snapshot of the Berkeley, CA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$1,440,000Median sold price

$865Median $/sqft

2.0%Median cap rate

$-3,658Modeled cash flow / mo

-1.1%Appreciation YoY

5.5Months of supply

306Active listings

664Sold (last 12 mo)

What the Berkeley numbers say

In Berkeley, CA, the median home sold for $1,440,000 (about $865 per square foot), and the typical deal models out to a 2.0% cap rate with a median $-3,658 of monthly cash flow. Sold prices moved -1.1% over the past year. Inventory sits at about 5.5 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other California markets to compare

See Berkeley cash-flowing listings

CashFlowRE ranks every for-sale home in Berkeley, CA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Berkeley deals, or browse the national market data.