Welcome to Residences at Lake Merritt, where modern sophistication and lakeside tranquility converge for an unparalleled living experience. Our thoughtfully designed studio, one-bedroom, or two-bedroom floor plans come in warm oak or charcoal grey finish packages, catering to your style. All residents can savor the comfort and convenience of walk-in closets, in-unit washer and dryer, air conditioning, and more. Step onto your private patio or balcony to wind down the evening and enjoy stunning views of Lake Merritt or the city skyline. As a resident here, you'll have exclusive access to our Sky Lounge, community kitchen, and fitness center. Lounge by the outdoor firepits, use the gas grills or relax in the outdoor seating areas with Oakland city views. The neighborhood blends downtown and uptown, offering a lively nightlife, diverse dining options, and boutique shopping. Lake Merritt, just two blocks away, extends your living space, providing a 3.4-mile paved path, green spaces, and re
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Residences at Lake Merritt by bedroom type below.
Studio
Suggested income:
$74,400
per year
1 Bedroom
Suggested income:
$91,700
per year
2 Bedroom
Suggested income:
$119,700
per year
Rent report
Residences at Lake Merritt Rent vs. Oakland Average
Residences at Lake Merritt
Oakland Average
Studio
$2,068
$1,886
$0
$700
$1,400
$2,100
$2,800
1BR
$2,548
$2,265
$0
$850
$1,700
$2,550
$3,400
2BR
$3,326
$2,884
$0
$1,100
$2,200
$3,300
$4,400
Residences at Lake Merritt is asking 10%
more than the average studio apartment in
Oakland.
If you upsized to an average priced Oakland 1 bedroom apartment, you would pay
17% more per month.
Residences at Lake Merritt provides 4%
less square footage than the average
Oakland studio apartment.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
Residences at Lake Merritt
Studio
$2,068
$4.00
$6,204
1BR
$2,548
$3.30
$7,644
2BR
$3,326
$3.20
$9,977
Oakland Average
Studio
$1,886
$3.50
$5,657
1BR
$2,265
$3.40
$6,796
2BR
$2,884
$3.10
$8,653
3BR
$3,411
$2.70
$10,233
4BR
$3,582
$2.30
$10,746
Availability in Oakland
In order to find the best deal, you need to know what types of units are available. Property managers may be willing to
give concessions if they have many vacant units.
There are currently 465 1BR
units on the market in Oakland. If you're looking to negotiate, this may be your best option.
Alta Bates Summit Med CTR Summit Campus Summit0.89 mi.
Alta Bates Summit Med CTR Summit Campus Hawthorne0.97 mi.
Nearby Fire Stations
NameDistance
Oakland Fire And Rescue0.95 mi.
Emeryville Fire Department1.63 mi.
Woodstock Fire Department1.93 mi.
FAQs
Is this property currently leasing units?
Yes. There are 12 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 9 units available for move-in over the next 2 months. 2 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 511 to 1,047 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are studio, 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $2,053 to $3,399. Residences at Lake Merritt has studio units available starting at $2,053, 1 bedroom units available starting at $2,294, and 2 bedroom units available starting at $3,252.
Where is this property located?
This property is at 1940 Webster St in Oakland, CA. It's 0.6 miles northeast from the center of Oakland.