Elmwood, Alameda County, CA

Median Home Price Price

$1,951,035 $2M

Median Monthly Rent Rent

$2,811 $2.8K

58.0x

Market Snapshot

Elmwood, Alameda County, CA is a neighborhood market with a median home price of $1,951,035, a median monthly rent of $2,811, a GRM of 58.0x, and a price-to-rent ratio of 57.8.

Comparable Markets

Use related neighborhood markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

Explore the data
Region Show
Rockridge
$1.67M $2.9K 48.0x
Northbrae
$1.50M $2.9K 43.0x
Oakmore
$1.18M $2.5K 39.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Loch Lomond, Marin County, CA
$2.01M $2.6K 65.0x
Parnassus Heights, San Francisco County, CA
$1.67M $3.2K 44.0x
Strawberry, Marin County, CA Explore deeper
$2.04M $4.0K 42.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Agate Point, Kitsap County, WA
$1.17M $2.5K 39.0x
Mount Pleasant, District of Columbia, DC
$984K $2.3K 35.0x
Cambria Heights, Queens County, NY
$694K $2.4K 24.0x

Home prices

Monthly rent

GRM = home price / annual rent

Elmwood

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Benchmark comparison

Rent in Elmwood, CA is 2.5% lower than Rockridge, CA.

Compare to Rockridge, CA
Elmwood, CA
Rockridge, CA
Delta
Median rent
$2,811
$2,882
+$71
Median price
$1,951,035
$1,672,651
-$278,384
YoY change
+$110
+$78
-$32
Price-to-rent
57.8x
48.4x
-9.4x

Key takeaways

  • Elmwood, Alameda County, CA has a higher-grm screening profile: At 58.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $110 year over year.
  • Rent in Elmwood, CA is 2.5% lower than Rockridge, CA.