Affordable Housing Hub
Low Income (LIHTC)

Oak Center I Apartments

1601 Market St, Oakland, CA, 94607

Information verified April 18, 2026ยทWe re-check waiting list status daily

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About This Property

Oak Center I Apartments contains 77 units in Oakland, including 76 low-income units with a mix of one-, two-, three-, and four-bedroom floor plans. The property, which entered service in 2016, receives funding through tax-exempt bonds and utilizes 4% Low-Income Housing Tax Credits. The unit composition includes 33 one-bedroom, 20 two-bedroom, 12 three-bedroom, and 12 four-bedroom apartments.

Property Details

Total Units
77
1 Bedroom
33
2 Bedroom
20
3 Bedroom
12
4 Bedroom
12

Fair Market Rent - Alameda County, CA

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$1,825
1 Bedroom$2,131
2 Bedroom$2,590
3 Bedroom$3,342
4 Bedroom$3,954

Income Limits - Alameda County, CA

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$28,800
Very Low (50%)
$47,950
Low (80%)
$76,750
2 Persons
Extremely Low (30%)
$32,900
Very Low (50%)
$54,800
Low (80%)
$87,700
3 Persons
Extremely Low (30%)
$37,000
Very Low (50%)
$61,650
Low (80%)
$98,650
4 Persons
Extremely Low (30%)
$41,100
Very Low (50%)
$68,500
Low (80%)
$109,600
5 Persons
Extremely Low (30%)
$44,400
Very Low (50%)
$74,000
Low (80%)
$118,400
6 Persons
Extremely Low (30%)
$47,700
Very Low (50%)
$79,500
Low (80%)
$127,150
7 Persons
Extremely Low (30%)
$51,000
Very Low (50%)
$84,950
Low (80%)
$135,950
8 Persons
Extremely Low (30%)
$54,300
Very Low (50%)
$90,450
Low (80%)
$144,700

Tax Credit Program Details

Year Placed in Service
2016
LIHTC Credit Type
4%
Low-Income Units
76 / 77
Funding Programs
Tax-Exempt BondRental Assistance
Designations
Qualified Census Tract

Frequently Asked Questions

What is the average rent for affordable housing in Oakland, CA?+

The Fair Market Rent (FMR) for Alameda County, CA is: $1825 (Studio), $2131 (1BR), $2590 (2BR), $3342 (3BR), $3954 (4BR). Actual rent at subsidized properties like Oak Center I Apartments is typically 30% of household income or less.

What size apartments are available at Oak Center I Apartments?+

Oak Center I Apartments offers the following unit types: 33 One-Bedroom, 20 Two-Bedroom, 12 Three-Bedroom, 12 Four-Bedroom units, for a total of 77 units.

How do I apply for housing at Oak Center I Apartments?+

Oak Center I Apartments is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.

Who manages Oak Center I Apartments?+

Oak Center I Apartments is managed by . You can reach them at . Visit their website for more information.

What are the income limits for affordable housing in Alameda County, CA?+

For a 4-person household in Alameda County, CA, the income limits are: Extremely Low Income (30% AMI): $41,100, Very Low Income (50% AMI): $68,500, Low Income (80% AMI): $109,600. These limits are set by HUD and updated annually.

What is the price range for apartments in Oakland, CA?+

Based on Fair Market Rent for Alameda County, the estimated price range is: 1-bedroom: $2131, 2-bedroom: $2590, 3-bedroom: $3342. Actual rent at Oak Center I Apartments may be lower for income-eligible households.

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Walk Score

Very Walkable

86
Walk
78
Transit
98
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Alameda County, CA

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Housing Resources in Oakland, CA

HUD-Approved Counseling Agencies

HABITAT FOR HUMANITY EAST BAY/SILICON VALLEY

Pre-Purchase CounselingPre-Purchase Homebuyer Education WorkshopsFinancial Management/Budget Counseling

NACA (NEIGHBORHOOD ASSISTANCE CORPORATION OF AMERICA) OAKLAND, CA

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops

NATIONAL ASSOCIATION OF REAL ESTATE BROKERS-INVESTMENT DIVISION, INC

Mortgage Delinquency and Default Resolution CounselingPre-Purchase CounselingPre-Purchase Homebuyer Education Workshops