Berkeley / Albany, CA
August 2026
94702,94704,94705,94706
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,175 – $2,404 | 0.97% | -5.29% |
| 2-Bedroom | $2,937 – $3,278 | 2.98% | 1.92% |
| 3-Bedroom | $3,949 – $4,453 | -4.38% | -5.08% |
| 4-Bedroom | $4,951 – $5,473 | 3.73% | 2.77% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,420 – $2,544 | -0.29% | -1.74% |
| 2-Bedroom | $2,983 – $3,212 | -2.13% | -3.08% |
| 3-Bedroom | $4,242 – $4,549 | 0.86% | 2.10% |
| 4-Bedroom | $4,978 – $5,415 | 0.29% | 5.60% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $2,410 – $2,584 | -3.95% | -7.78% |
| 2-Bedroom | $3,024 – $3,276 | 1.68% | -7.13% |
| 3-Bedroom | $4,365 – $4,748 | 2.52% | 4.50% |
| 4-Bedroom | $5,074 – $5,519 | 1.10% | 4.20% |
In the Berkeley / Albany (94702, 94704, 94705, 94706) rental market, 4-bedroom apartments saw median rent increase to $5,601, reflecting a 10.83% year-over-year gain. This segment posted the largest annual growth among apartments, underscoring shifting demand toward higher-capacity units in the current rental cycle.
Across Berkeley / Albany (94702, 94704, 94705, 94706), 1-bedroom single-family homes experienced a sharp month-over-month decline of 9.88%, with rents falling to $2,491. This drop was steeper than the 1.46% decrease seen in 1-bedroom condos, suggesting single-family units may be facing excess supply or reduced demand in smaller formats.
Analysis of Berkeley / Albany (94702, 94704, 94705, 94706) rental trends reveals that 3-bedroom condos commanded a median rent of $4,334, surpassing 3-bedroom apartments by $220. Both segments reported positive month-over-month increases, with condos rising 0.66% and apartments up 1.61%.