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

Oakland, CA has a median modeled monthly cash flow of $-1,976 and a median cap rate of 2.4%, on a median sold price of $805,000. Prices changed -3.8% year over year.

What is the average cap rate in Oakland, CA?

The median cap rate across recently sold homes in Oakland, CA is 2.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Oakland, CA?

The median sold price in Oakland, CA is $805,000 (about $531 per square foot).

Investing in Oakland, CA Real Estate

A data-driven snapshot of the Oakland, 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.

$805,000Median sold price

$531Median $/sqft

2.4%Median cap rate

$-1,976Modeled cash flow / mo

-3.8%Appreciation YoY

6.4Months of supply

1,500Active listings

2,823Sold (last 12 mo)

What the Oakland numbers say

In Oakland, CA, the median home sold for $805,000 (about $531 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-1,976 of monthly cash flow. Sold prices moved -3.8% over the past year. Inventory sits at about 6.4 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 Oakland cash-flowing listings

CashFlowRE ranks every for-sale home in Oakland, 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 Oakland deals, or browse the national market data.