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SF Bay Area Metro Report: January 2018

The Zumper SF Bay Area Metro Report analyzed active listings in December across 30 metro cities to show the most and least expensive cities and cities with the Fastest Growing rents. The California one bedroom median rent last month was $1,831.

Cities Ranked By Rent

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The Most Expensive

–San Francisco, CA held onto its position as the priciest city in the metro with one bedrooms priced at $3,400.

–Mountain View, CA continued to rank as second with rent at $3,270.

–Emeryville, CA rent grew $100 to $2,890 but remained the third priciest in the metro.

The Least Expensive

–Vallejo, CA rent grew $70 to $1,430 but stayed the most affordable in the metro.

–Santa Rosa, CA was second with one bedrooms priced at $1,570.

–Napa, CA followed suit as third with rent at $1,640.

Growth Rate

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The Fastest Growing (Y/Y%)

–Santa Clara, CA had the largest year over year rental growth rate, climbing 15.9%.

–Livermore, CA rent was the second fastest growing, up 15.7% since this time last year.

–Mountain View & Walnut Creek, CA tied for third with rent jumping 15.5%.

The Fastest Growing (M/M%)

–Mountain View, Napa, & Vallejo, CA all tied for the city with the fastest growing rent last month with prices climbing 5.1%.

–Richmond, CA followed closely behind as second with rent growing 5%.

–Oakland, CA was third with rent up 4.9%.

SFJan1

Full Data

  1 Bedroom  2 Bedrooms  
Pos.CityPriceM/M %Y/Y %PriceM/M %Y/Y %
1San Francisco$3,4000.30%1.50%$4,3800.00%-2.90%
2Mountain View$3,2705.10%15.50%$3,6704.90%7.60%
3Emeryville$2,8903.60%9.90%$3,520-4.10%-0.60%
4Palo Alto$2,8304.40%0.40%$3,500-3.60%-3.30%
5Redwood City$2,7501.90%8.70%$3,6905.10%2.20%
5Sunnyvale$2,7503.80%11.30%$3,1200.60%6.10%
7San Mateo$2,5803.20%2.80%$3,370-1.50%6.60%
8Santa Clara$2,5503.70%15.90%$3,1404.30%15.90%
9Milpitas$2,4700.00%6.00%$2,7505.00%1.50%
10San Jose$2,4602.50%13.40%$2,850-0.70%9.60%
11Daly City$2,410-2.00%7.10%$3,070-5.00%2.00%
12Berkeley$2,400-3.20%0.00%$3,0501.70%-1.30%
13Burlingame$2,380-0.40%4.40%$3,270-1.20%16.00%
14South San Francisco$2,3402.60%-2.90%$3,190-1.80%12.70%
15Walnut Creek$2,310-1.30%15.50%$2,740-1.80%9.60%
16Fremont$2,2001.40%4.30%$2,5301.20%4.10%
17Pleasanton$2,1700.50%1.40%$2,6803.50%3.50%
18Oakland$2,1604.90%3.30%$2,6004.00%1.60%
19Union City$2,1400.90%0.00%$2,5603.20%2.80%
20Alameda$2,1301.40%0.00%$2,7003.10%0.40%
21Petaluma$2,0705.10%14.40%$2,4003.40%3.90%
22San Ramon$2,000-1.50%0.00%$2,460-0.40%3.40%
23Livermore$1,9904.70%15.70%$2,3904.80%11.70%
24Hayward$1,9603.20%7.70%$2,270-0.90%7.10%
25Richmond$1,8905.00%5.00%$2,290-2.60%15.70%
26San Leandro$1,770-0.60%4.10%$2,260-0.40%5.10%
27Concord$1,6504.40%15.40%$1,880-3.10%11.20%
28Napa$1,6405.10%6.50%$2,3004.10%4.50%
29Santa Rosa$1,5701.90%7.50%$2,1005.00%10.50%
30Vallejo$1,4305.10%2.10%$1,560-0.60%10.60%

About

The Zumper SF Bay Area Metro Report analyzed active listings that hit the market in December 2017. Listings are aggregated by city to calculate median asking rents.

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The post SF Bay Area Metro Report: January 2018 appeared first on The Zumper Blog.



This post first appeared on The Zumper Blog | Rental Market Trends, Real Estat, please read the originial post: here

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SF Bay Area Metro Report: January 2018

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