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You are here: Home / Rentals / Rents Keep Rising

Rents Keep Rising

April 5, 2018 By Geoffrey Disch Leave a Comment

Rents keep rising in the Bay Area and analysts predict there is no end in sight. The continued supply shortage has kept rental units at a premium.

Nationwide, rents rose 2.3 percent over the last year. In the Bay Area, rents rose 3 percent year over year in March in San Jose, 1 percent in San Francisco and 6 percent in Oakland. Currently, a two-bedroom apartment in Danville can go for as much as $5,400 a month.

Experts also point to the issues such as rent control in San Jose which are keeping many residents in their current homes.

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Filed Under: Rentals Tagged With: apartments

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