Oakland, CA: Oaktown
With 440,646 residents, Oakland is the eighth-most populous city in California. It also serves as the county seat of Alameda County. Colleges and universities located in Oakland include the California College of the Arts, Mills College, Samuel Merritt University, Patten University, Lincoln University, Laney College, and Merritt College.
In Oakland, arts and culture thrive. There are numerous art galleries and museums in the city, including the African American Museum and Library at Oakland, the Chabot Space and Science Center, the Oakland Aviation Museum, and the Oakland Museum of California. The city also has a vibrant performing arts scene, with notable facilities and companies such as the AXIS Dance Company, the Fox Oakland Theatre, the Oakland Symphony, and Paramount Theatre.
Apart from that, Oakland is also home to a bustling nightlife and entertainment scene as well as diverse local cuisine. Other points of interest within the city include the Dunsmuir House, Jack London Square, Lake Merritt, the Oakland Zoo, the Peralta Hacienda Historical Park, Preservation Park, USS Potomac, Reinhardt Redwood Regional Park, the University of California Botanical Garden, and the Oakland Arena.
What Is Oakland’s Rental Market Like?
The housing market in Oakland is an active yet expensive one. Home prices here can range from $29,900 all the way up to $4.3 million. The median listing price for a home in this city is $729,000. Perhaps this is why a lot of residents in Oakland rent their homes. In fact, renters make up 59.3% of the city’s population.
Image via towncharts.com
Rent in Oakland is also on the pricey side. The average rent for an apartment in this city is $2,830, which is more than double the national average. This does not come as a surprise considering 81% of the apartments in Oakland command a rental rate above $2,000. Only 1% of apartments fall below the $1,000 price point.
Image via rentcafe.com
A high renter population and expensive rent are attractive qualities to rental property owners in Oakland. They present a good opportunity to earn rental income. However, California’s laws are known to be friendlier to tenants than landlords.
How an Oakland Property Management Company Can Help
There are many rental properties in Oakland, and managing them can come as a challenge to landlords. Not everyone has a knack for rental management, while others simply don’t have time or interest. Renting out a home or apartment is a great way to earn extra income, but it also involves so much work.
Enter an Oakland rental management company. A professional management company can assume most of a landlord’s responsibilities, if not all. From marketing your property online and managing applications to collecting rent and fielding tenant requests, a management company can do it all. Services you can expect from a rental management company include:
- Advertise your listing
- Screen and process tenants
- Oversee property showings
- Set and collect rent
- Create a lease agreement
- Perform move-in, move-out, and routine inspections
- Enforce your lease terms
- Manage maintenance and repairs
- Respond to tenant complaints
- Manage your budget
- Help with tax calculations
- File evictions
In Need of Property Management in Oakland?
If you are looking for a property management company in Oakland, Rental Choice is the right place to start. Search for the best management companies according to your city or state. From there, you can freely access more information about the companies listed, including their contact details. Begin your search today using our online directory!