2 minute read
Here’s my list of the most affordable
Kenneth Session
Located in Coordinates 37°48′16″N 122°16′15″W, Oakland is a city in Alameda County in the San Francisco Bay Area. This city is situated in California, United States of America. It is also known as “Oaktown” and “The Town.” According to the United States Census Bureau,
Oakland has a total area of 77.89 sq mi (201.74 km2). In 2010, it was reported as home to 390,724 people, which rose significantly to 433,031 in 2019 (a reference to the United States
Census Bureau).
Oakland is one of the most beautiful cities in California, with several incredible neighborhoods. Perhaps you’re considering the option of changing your environment, and you’ve decided to move to a new neighborhood. Oh! Oakland crossed your mind as it is one of the best cities in the Bay area, but you’re discouraged by its expensive lifestyle. If that is the case, relax because you’re in the right place at the right time.
You shouldn’t be discouraged by the classic and expensive life in the Bay Area. There are several fantastic neighborhoods in Oakland with an affordable lifestyle and a reasonable standard of living. You may want to check out these neighborhoods. They’re a combination of beauty and affordability. Below is the list of the most affordable neighborhoods in Oakland:
JACK LONDON SQUARE
This lovely neighborhood features several beautiful sceneries that will captivate your attention. It also has historic warehouses and 1950s-themed coffee shops. The median home price in Jack London Square is $500s. In this neighborhood, you can still find one-bedroom condos for a cost of $300s.
SOUTH STONEHURST
To locate this fantastic neighborhood, head to East 14th Street Business District. South Stonehurst can be found between Interstates 580 and 880. Therefore, if you reside in this neighborhood, you’ll also have easy access to job hubs in the Bay Area. The median home price in South Stonehurst is $300s. All reference to the United States Census Bureau reports.
OAKLAND AIRPORT
This is the cheapest neighborhood in Oakland. The cost of living index of the Oakland Airport is 100. It is situated on the Coliseum-Oakland International Airport line, Oakland, in the US state of California. The home value to income ratio in Oakland Airport is 1.5. This neighborhood is home to 925 people. The median home value in Oakland Airport is $75,167, while its median income is $48,681. All reference to the United States Census Bureau reports.
COLISEUM INDUSTRIAL
Having a population of 2,132 with a median income of $55,169, Coliseum Industrial is one of the cheapest neighborhoods in Oakland. Home value in the city falls at $169,150, and its cost of living index is 115. If you’re looking for an area with a reasonable home value to income ratio, you can go here. Its home value to income ratio is 3.1. All reference to the United States Census Bureau reports.
FRUITVALE STATION
Fruitvale Station has a total population of 839. The median income in the neighborhood is $49,010, and its rent to income ratio is 0.024. The neighborhood’s cost of living index is 112, and its home value to income ratio is 2.6. All reference to the United States Census Bureau reports.
References
https://en.m.wikipedia.org/wiki/Oakland,_California https://www.homesnacks.com/cheapest-neighborhoods-inoakland-ca/ https://www.neighborhoods.com/blog/the-most-affordableneighborhoods-in-oakland
