Cheap Apartments for Rent in the Lake Merritt District Oakland, CA from $700 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Merritt District area of Oakland.

Northgate Terrace

Hillcastle Apartments

La Peralta

ArtHaus Chestnut

Regent Darien Apartments LLC.

Raymond Investments LLC.

3238 Linden St
San Francisco's Best Affordable Neighborhoods
Learn about San Francisco and the best places to live with original content written by our San Francisco, CA Local Expert Shannon Hilson

ArtHaus Jack London

1900 Broadway

716 Sycamore St

867-871 Mead Ave

Oak Village Preservation

Jackson Lake Apartments

535 30th St

425 E 18th St

365 Hanover Ave

The Moran

2621-2627 Martin Luther King Jr Way
Lake Merritt District, Oakland, CA Local Guide

How much does it cost to rent an apartment in Lake Merritt District?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lake Merritt District Studio Apartments | $2,044 | $815 | $3,356 |
Lake Merritt District 1 Bedroom Apartments | $2,623 | $875 | $5,150 |
Lake Merritt District 2 Bedroom Apartments | $3,589 | $1,677 | $6,475 |
Lake Merritt District 3 Bedroom Apartments | $4,346 | $2,195 | $8,000 |
Lake Merritt District 4 Bedroom Apartments | $2,249 | $1,492 | $3,850 |
Browse Apartments in this Neighborhood
There are currently 52 rentals with your search options within a 1 mile radius of the Lake Merritt District Neighborhood of Oakland, CA.
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Lake Merritt District, Oakland, CA Local Guide
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Cheapest Available Lake Merritt District Apartments for Rent
 The cheapest available apartment rental in the Lake Merritt District area of San Francisco, CA is a Studio unit found at Claridge Hotel LLC. priced from $815. 1424 Market St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,045. Here are the most affordable Lake Merritt District apartments for rent in San Francisco, CA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Claridge Hotel LLC. | Studio / 1 Bathroom | Studio,1BA | $815 |
1424 Market St | 1424 Market St | 1BR,1BA | $1,045 |
Hillcastle Apartments | Studio | Studio,1BA | $1,200 |
La Peralta | SRO with Bath | Studio,1BA | $1,245 |
ArtHaus Chestnut | B | Studio,1BA | $1,273 |
Raymond Investments LLC. | Studio / 1 Bathroom | Studio,1BA | $1,325 |
Regent Darien Apartments LLC. | Studio / 1 Bathroom | Studio,1BA | $1,325 |
ArtHaus Brush | C | Studio,1BA | $1,376 |
3301 Telegraph Ave | 304 | 1BR,1BA | $1,395 |
ArtHaus Jack London | G1 | Studio,1BA | $1,428 |
Best Value Apartments for Rent in Lake Merritt District, CA
As of April 05, 2025 the best value apartment in the Lake Merritt District area is the $2.22 price per square foot 2335 Market St Model at 2335 Market St, Unit B in the in the West Oakland neighborhood starting from $3,995. The second greatest value Lake Merritt District apartment is the 1465 1st Ave Model at 1465 1st Ave, Unit 1469A starting at $2,895 with a $1.81 price per square foot in the Laney neighborhood. Here is today’s list of the best values for Lake Merritt District apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
2335 Market St, Unit B | 2335 Market St | 3BR,3BA | $2.22 |
1465 1st Ave, Unit 1469A | 1465 1st Ave | 3BR,1BA | $1.81 |
2600 Martin Luther King Jr Way, Unit 2604 | 2600 Martin Luther King Jr Way | 3BR,1.5BA | $2.08 |
2445 Telegraph Ave, Unit Apt 204 | 2445 Telegraph Ave | 2BR,2BA | $2.37 |
Lakeshore Gardens | 2 Bedroom, 2 Bath | 2BR,2BA | $2.43 |
LESTER COURT, LLC | 2BR/1.0BA | 2BR,1BA | $2.44 |
Fountainbleau Apartments | 1 Bedroom | 1BR,1BA | $2.28 |
2735 Chestnut St | 2735 Chestnut St | 2BR,1BA | $2.39 |
Lee St. 279 | 1BR/1.0BA | 1BR,1BA | $2.39 |
3301 Telegraph Ave | 304 | 1BR,1BA | $2.15 |
Quick Rent Budget Calculator
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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleLake Merritt District, Oakland, CA
Ranked #4
Among neighborhoods in Oakland, CA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Lake Merritt District, Oakland, CA
School data provided by Great Schools
Lifestyle Ratings
This website compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across California, including Oakland. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Lake Merritt District Apartments
What is a cheap apartment in Lake Merritt District?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Merritt District is under $1,428.
What is the price of a cheap apartment in Lake Merritt District?
The cheapest apartment in Lake Merritt District is 1424 Market St which is listed at $1,045, while the average apartment in Lake Merritt District costs $3,903.
What types of apartments are the cheapest in Lake Merritt District?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 144 regular apartments in Lake Merritt District that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Lake Merritt District?
Cheap apartments in Lake Merritt District have an average cost of $802 which is $3,101 cheaper than the average rent for all rentals in Lake Merritt District.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

A San Francisco Local Expert’s Guide to the Top Budget-Friendly Bay Area Neighborhoods to Rent
Written by: Shannon Hilson
If you’re anything like me, the thought of San Francisco is synonymous with concepts like creativity, character, and quirky local style.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.