The Zumper San Francisco Bay Area Metro Report analyzed active listings last month across metro cities to show the most and least expensive cities and cities with the fastest growing rents. The California one bedroom median rent was $2,067 last month.
The Most Expensive
- Menlo Park ranked as the most expensive city with one-bedrooms priced at $3,290.
- Mountain View was the second priciest with rent at $3,230.
- San Francisco ranked as third with rent at $3,200.
The Least Expensive
- Antioch was the most affordable city with one-bedrooms priced at $1,520.
- Vallejo ranked as the second least expensive city with rent at $1,560.
- Concord was third with rent at $1,940.
The Fastest Growing (Y/Y%)
- Menlo Park had the fastest growing rent, up 31.6% since this time last year.
- Campbell saw rent climb 20%, making it the second fastest growing.
- Walnut Creek was third with rent increasing 15.5%.
The Fastest Growing (M/M%)
- Palo Alto & Menlo Park had the largest monthly growth rates, both up 6.1%.
- Mountain View was second with rent climbing 4.5%.
- Santa Clara ranked as third with rent increasing 4.4% last month.
About
The Zumper San Francisco Metro Area Report analyzed active listings that hit the market last month. Listings are aggregated by city to calculate median asking rents.
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