Bay Area residential rents climbed nearly 50 percent since 2010

TRD New York /
Apr.April 06, 2018 01:15 PM

The Bay Area saw the highest rise in multifamily rent of the nation in the past eight years, Bisnow reported. San Jose spiked at 51.1 percent with San Francisco at 48.6 percent. “These are pretty solid economies relative to some other places and some of these have really solid economic growth and job production,” an economist said. Areas up the west coast saw rises as well, like Seattle which is up 43.6 percent with rents averaging about $1,725. [Bisnow]

Related Article


Across the US, new home sales keep falling

Home prices roar in Arlington, whimper in Manhattan post-Amazon

No one home: Japan’s dwindling population means a housing oversupply

Another canary? More homes sell at below asking price, report shows

Miami is the most rent-burdened city in the country: report

Placeholder image

Hundreds of Gap, Family Dollar, Victoria’s Secret stores to close

Worn down: Payless shoes to close all 2K locations, declare bankruptcy

These megaprojects are reshaping skylines and communities across the US