Berkeley, California is a part of the North Alameda Submarket submarket area, and contains 11 zip codes, including: 94705, 94707, 94712, 94703, 94710, and 94704.
The 2019 average effective rent for Class A, B, and C apartments in the Berkeley, CA submarket area was $2,905, which is 33.44% higher than 2014 average rent. This represents a compounded annual growth rate of 5.94%. 2019 vacancy in Berkeley, CA was 7.40%.
The total population of the city of Berkeley, CA has grown 8.05% since 2010. As of 2018, the population was 121,643. The median household income of the Berkeley was $80,912, which is 34.20% higher than the national average.