What HUD offices serve Oakland, California?
Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.
Go to the California Public Housing and Low-Income Apartments Waiting Lists page for openings near Oakland.
How many renters live in Oakland, California?
The City of Oakland has people living in households.
There are renters living in renter households in this City. Renters make up 51.76 percent of the population living in Oakland.
What is the rental market like in Oakland, California?
There are an estimated housing units in the Oakland area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Oakland, California, there are 1.08 rental units.
What is the vacancy rate for rentals in Oakland?
The rental vacancy rate in Oakland is 7 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Oakland for each bedroom size?
Occupied Rental Units by Size in Oakland
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 13,952 36,433 32,076 13,772 3,024 Occupied Rental Units by Size in Oakland
A large number of apartments in Oakland have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Oakland
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,825 to $3,954. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size 2024 Fair Market Rents Studio $1,825 One BR $2,131 Two BR $2,590 Three BR $3,342 Four BR $3,954 2024 Fair Market Rents in Oakland, California
How many units are rented at Fair Market Rent (FMR) in Oakland?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:Unit Size Count of Units Below FMR Percentage of Total Units Below FMR Studio 6,749 48 percent One BR 15,186 42 percent Two BR 8,278 26 percent Rental Units Below FMR in Oakland, California
How many affordable rental units are in Oakland?
There are a variety of federal affordable housing programs serving households in
Oakland, California including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit Public Housing Section 8 Project-Based Rental Assistance Mod Rehab Project-Based Rental Assistance Section 202 Supportive Housing for the Elderly Section 811 Supportive Housing for Persons with Disabilities Tracked Units by Federal Program in Oakland, California
Income Based Apartments in Oakland, California
Oakland features 7,155 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in Oakland, California
There are 5,982 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Oakland.
Housing Choice Vouchers in Oakland, California
On average, Section 8 Housing Choice vouchers pay Oakland landlords $1,400 per month towards rent. The average voucher holder contributes $500 towards rent in Oakland.
The maximum amount a voucher would pay on behalf of a low-income tenant in Oakland, California for a two-bedroom apartment is between $2,331 and $2,849.
Sourced from federal housing data and AffordableHousingOnline.com research.