
Cheap Apartments for Rent in the Lake Merritt District Oakland, CA from $700 (101 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Merritt District area of Oakland.


Raymond Investments LLC.

La Peralta

204

547 24th St

Oak Village

ANDYS at 1510 Webster Street

828 Milton St

Alice Court
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Lakeshore Gardens

Tudor Hall

1424 Market St

The Moran

Lakeview Towers

698 Brockhurst St

Fairmount Heights LLC.

2337 Waverly St, Unit 2337

Lenox Avenue Apartments

303 Lee St, Unit 105
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

303 Lee St, Unit 105

437 Euclid Ave, Unit 4

626 8th St, Unit #3

150 Pearl St

150 Pearl St

Victoria Park Apts Edmond

The Brooklyn (Furnished Rooms)

668 28th St

Grand Lake Terrace Apartments

ArtHaus Northgate
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Hillcastle Apartments

Regent Darien Apartments LLC.

ArtHaus Linden

Ivy Haus

Linden Haus

The Alician Apartments

3301 Telegraph Ave.

Nook on Valdez

ArtHaus Chestnut

359 Grand Ave
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

359 Grand Ave

Electric Lofts

530 24th Street

Oakland

425 E 18th St

426 - 428 26th St

2621-2627 Martin Luther King Jr Way

1130 30th Street

443 Lee St

Vue De Lac Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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 | $2,379 | $895 | $6,500 |
| Lake Merritt District 1 Bedroom Apartments | $2,718 | $1,495 | $5,150 |
| Lake Merritt District 2 Bedroom Apartments | $3,684 | $1,798 | $6,343 |
| Lake Merritt District 3 Bedroom Apartments | $3,607 | $2,095 | $6,750 |
| Lake Merritt District 4 Bedroom Apartments | $4,353 | $2,355 | $6,906 |
Browse Apartments in this Neighborhood
There are currently 101 rentals with your search options within a 1 mile radius of the Lake Merritt District Neighborhood of Oakland, CA.
See all Apartments in OaklandExplore Oakland
Lake Merritt District, Oakland, CA Local Guide
- Nearby Oakland neighborhoods
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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 LP. priced from $895. Northgate Terrace has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. 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 LP. | SRO | Studio, | $895 |
| Northgate Terrace | Studio | Studio,1BA | $1,050 |
| ArtHaus Northgate | Floor Plan A Studio 1BA | Studio,1BA | $1,198 |
| La Peralta | SRO with Bath | Studio,1BA | $1,245 |
| Ivy Haus | Floor Plan A Studio 1BA | Studio,1BA | $1,316 |
| ArtHaus Linden | Floor Plan A Studio 1BA | Studio,1BA | $1,348 |
| The Alician Apartments | 0BR/1.0BA | Studio,1BA | $1,350 |
| Nook on Valdez | FLOOR PLAN E | Studio,1BA | $1,350 |
| Raymond Investments LLC. | Studio | Studio,1BA | $1,395 |
| ArtHaus Chestnut | Floor Plan D Studio 1BA | Studio,1BA | $1,412 |
Best Value Apartments for Rent in Lake Merritt District, CA
As of June 07, 2026 the best value apartment in the Lake Merritt District area is the $2.17 price per square foot 2600 Martin Luther King Jr Way Model at 2600 Martin Luther King Jr Way, Unit 2604 in the in the Ralph Bunche neighborhood starting from $2,600. The second greatest value Lake Merritt District apartment is the Floor Plan I 4BR 2BA Model at Common MacArthur starting at $3,098 with a $2.82 price per square foot in the West Oakland 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. |
|---|---|---|---|
| 2600 Martin Luther King Jr Way, Unit 2604 | 2600 Martin Luther King Jr Way | 3BR,1.5BA | $2.17 |
| Common MacArthur | Floor Plan I 4BR 2BA | 4BR,2BA | $2.82 |
| 3136 Union St, Unit 3136 | 3136 Union St | 3BR,1BA | $2.81 |
| Rowhaus | 2A | 2BR,2BA | $2.86 |
| 635 El Dorado Ave | 103 | 2BR,1BA | $2.47 |
| 500 Merritt Ave, Unit APT 1 | 500 Merritt Ave | 1BR,1BA | $2.63 |
| Tudor Hall | 1 bedroom | 1BR,1BA | $2.77 |
| Alice Court | 1 Bedroom/ 1 Bath | 1BR,1BA | $2.33 |
| Piedmont | 1 Bedroom, 1 Bath Income-Restricted | 1BR,1BA | $2.67 |
| Ivy Haus | Floor Plan A Studio 1BA | Studio ,1BA | $2.39 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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 #6
Among cities in California 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 $1,412.
What is the price of a cheap apartment in Lake Merritt District?
The cheapest apartment in Lake Merritt District is 443 Lee St which is listed at $1,545, while the average apartment in Lake Merritt District costs $3,849.
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 19 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 $784 which is $3,065 cheaper than the average rent for all rentals in Lake Merritt District.
Expert Rental Resources
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.
Helpful Local Expert Guides

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.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in San Francisco
Written by: Shannon Hilson
Naturally, going away to college or university is super exciting in and of itself. It’s the prelude to the rest of your life, not to mention an unforgettable experience all its own.

Where to Live, Where to Work: Your Guide to Top Neighborhoods to Rent Near San Francisco's 5 Best Employers
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Deciding to move to San Francisco for work is a huge deal. San Fran is exciting and just weird enough to let you know you’re in for an amazing adventure, right from day one.

Bay Living Like a Local: The Insiders Guide to Life and Renting in San Francisco, CA
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San Francisco is so much more than just postcard-perfect views of cable cars and the Golden Gate Bridge.
Articles, How-To's, and Tips

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
