Why Live in Peralta-Laney
Peralta-Laney in Oakland is a neighborhood with a diverse array of architectural styles, featuring early 20th-century homes, narrow Victorian houses, stucco duplexes, and condo buildings. The majority of residents are renters, though single-family homes do appear on the market occasionally. Clinton Park, the largest park in the area, offers a playground, shaded picnic areas, and benches. A water channel from Lake Merritt runs through the neighborhood, providing paved paths for jogging and biking. Little Saigon, located along International Boulevard, is known for its vibrant mix of homes, apartments, and Vietnamese restaurants such as Cam Huong and Lee’s Sandwiches. The Oakland Museum of California, just north of Peralta-Laney, is a significant cultural landmark with extensive gallery space and a popular "Off the Grid" event series. The neighborhood is highly walkable and bikeable, with easy access to Downtown Oakland, Interstate 880, and the Lake Merritt BART station. Nearby hospitals include Kaiser Permanente Oakland Medical Center and Highland Hospital, both about 3 miles away. Schools in the area are part of the Oakland Unified School District, known for its diversity.
Frequently Asked Questions
Is Peralta-Laney a good place to live?
Peralta-Laney is a good place to live. Peralta-Laney is considered fairly walkable and a biker's paradise with good transit options. Peralta-Laney is an urban core neighborhood. Peralta-Laney has 7 parks for recreational activities. It is fairly dense in population with 11.5 people per acre and a median age of 41. The average household income is $103,793 which is above the national average. College graduates make up 24.2% of residents. A majority of residents in Peralta-Laney are renters, with 78.6% of residents renting and 21.4% of residents owning their home. A
local real estate agent serving Peralta-Laney can help you decide if this neighborhood is the right one for you. Learn more on our
Peralta-Laney neighborhood guide.
How much do you need to make to afford a house in Peralta-Laney?
The median home price in Peralta-Laney is $638,750. If you put a 20% down payment of $127,800 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $3,250 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $139K a year to afford the median home price in Peralta-Laney. The average household income in Peralta-Laney is $104K.
What are the best public schools in Peralta-Laney?
The best public schools that serve Peralta-Laney are:
What are the best private schools in Peralta-Laney?
The best private schools that serve Peralta-Laney are:
What are the most popular zip codes in Peralta-Laney, Oakland, CA?
What are the most popular neighborhoods near Peralta-Laney, Oakland, CA?
Are home prices dropping in Peralta-Laney?
Yes, home prices in Peralta-Laney are down 35% in the last 12 months.
Home Trends in Peralta-Laney, CA
On average, homes in Peralta-Laney, Oakland sell after 29 days on the market compared to the national average of 52 days. The median sale price for homes in Peralta-Laney, Oakland over the last 12 months is $437,500, down 16% from the median home sale price over the previous 12 months.
Median Sale Price
$437,500
Median Single Family Sale Price
$663,694
Median 2 Bedroom Sale Price
$420,000
Median 1 Bedroom Sale Price
$370,000
Average Price Per Sq Ft
$314
Number of Homes for Sale
4
Last 12 months Home Sales
6
Median List Price
$638,750
Median Change From 1st List Price
10%
Median Home Sale Price YoY Change
-16%