If you are looking for a rental unit in Berkeley, be prepared to pay between $2,200 and $3,800 a month, depending on what you need.
The median monthly rent right now in Berkeley for all sizes of condominiums and homes listed through real estate agencies is about $2,600, according to the multiple listing sources that local agents use. It does not include owner listings on sites such as craigslist.
Here are the median rents in Berkeley for different size residences.
1 Bedroom: $2,159
2 Bedroom: $2,750
3 Bedroom: $2,900
4 Bedroom: $3,800
An example is a two-bedroom, two-bathroom condominium at 2601 College Avenue. The 1,084-square-foot residence is listed as renting for $3,100 a month.
Rachael Hand, a broker associate with Coldwell Banker, said rents are on the rise in part because people who have gone through short sales and foreclosures are renting because they cannot currently qualify for a home loan.
This information was provided by Rachael Hand, Broker Associate, Coldwell Banker and Director for the Contra Costa Board of Realtors. You can reach her at 925-372-8080 or firstname.lastname@example.org