The Zumper SF Bay Area Metro Report analyzed active listings in August 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 was $1,692.
Cities Ranked By Rent
The Most Expensive
–San Francisco, Californie rent continued to fall, dropping $30 last month to $3,390. However, the city still ranked as the priciest in the metro and nation.
–Mountain View, CA prices dropped $150 last month to $3,060 but remained the second most expensive.
–Redwood City, CA saw one bedroom rent fall below the $3,000 threshold to $2,950 and ranked as the third priciest in the metro.
The Least Expensive
–Vallejo, CA rent grew $30 to $1,330 but stayed the most affordable in the metro.
–Santa Rosa, CA ranked as second with rent down $20 since last month to $1,530.
–Concord & Napa, CA tied for the third least expensive city with rents at $1,630.
Growth Rate
The Fastest Growing (Y/Y%)
–Petaluma, CA had the fastest growing rent since this time last year, up 15.6%.
–San Leandro, CA saw prices climb 12.7%, ranking as the second fastest growing.
–Milpitas, CA had the third largest yearly growth rate, up 10.7%.
The Fastest Growing (M/M%)
–Walnut Creek, CA rent was the fastest growing since last month, up 5.1%.
–Livermore, CA was second with prices climbing 5%.
–Milpitas, CA had the third largest monthly growth rate, up 4.6%.
Full Data
1 Bedroom 2 Bedrooms
Pos. City Price M/M % Y/Y % Price M/M % Y/Y %
1 San Francisco $3,480 2.70% 1.80% $4,500 -1.30% -5.90%
2 Mountain View $3,110 1.60% 15.60% $3,650 -0.50% 8.60%
3 Redwood City $2,800 -5.10% 3.70% $3,520 -5.10% -1.10%
4 Emeryville $2,680 0.00% 7.20% $3,540 -0.30% 7.30%
5 Palo Alto $2,650 -4.00% -8.60% $3,900 -4.90% -1.30%
6 Sunnyvale $2,640 0.40% 7.30% $3,110 -3.40% 3.70%
7 Berkeley $2,500 -0.80% -12.30% $3,150 -0.60% 7.50%
8 Milpitas $2,470 -0.40% 7.40% $2,550 -4.90% -1.20%
8 San Mateo $2,470 -1.20% -1.20% $3,390 -3.10% 10.40%
9 Daly City $2,400 3.40% 3.90% $3,190 4.90% 0.60%
10 San Jose $2,390 1.70% 9.10% $2,760 -0.70% 2.20%
10 Walnut Creek $2,390 4.80% 12.20% $2,800 -0.40% 7.70%
11 Santa Clara $2,360 -2.50% 2.60% $2,920 0.70% 3.20%
12 Burlingame $2,310 -4.90% -6.10% $3,460 4.80% -8.90%
13 Union City $2,200 -0.50% -3.90% $2,470 4.20% -1.60%
14 Fremont $2,190 -0.50% 4.30% $2,530 0.80% 2.40%
15 Petaluma $2,180 4.80% 14.70% $2,380 -3.60% -2.10%
16 Pleasanton $2,170 1.40% 0.50% $2,650 0.00% 3.10%
17 Alameda $2,090 5.00% -2.80% $2,690 3.90% -5.60%
18 San Ramon $2,070 -1.00% 6.20% $2,550 0.00% 8.10%
18 South San Francisco $2,070 -5.00% -8.80% $3,420 -2.00% 6.90%
19 Oakland $1,930 -4.50% -12.70% $2,580 2.00% -0.80%
20 Hayward $1,910 -0.50% 3.20% $2,300 0.90% 2.20%
21 Livermore $1,770 4.70% 2.30% $2,300 0.00% 12.70%
21 San Leandro $1,770 -4.80% 10.60% $2,260 -2.20% 15.90%
22 Concord $1,680 3.10% 6.30% $1,930 2.10% 13.50%
23 Richmond $1,670 -5.10% -8.70% $2,130 4.90% 7.60%
24 Napa $1,570 -3.70% -0.60% $2,170 -1.40% 15.40%
25 Santa Rosa $1,520 -0.70% -3.80% $1,910 -4.50% -9.00%
26 Vallejo $1,300 -2.30% -1.50% $1,600 0.00% 10.30%
About
The Zumper SF Bay Area Metro Report analyzed active listings that hit the market in August 2017. Listings are aggregated by city to calculate median asking rents.
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