Twitter Icon Facebook Icon Google Plus Icon RSS Feed Icon Linkedin Icon

San Francisco Bay Area Metro Report: July 2017

The Zumper SF Bay Area Metro Report analyzed active listings in June across 30 metro cities to show the most and least expensive cities and cities with the fastest growing rents.

 Cities Ranked By Rent

Slide09

The Most Expensive

San Francisco, CA rent grew $80 since last month, now at $3,450, and continued to rank as the most expensive in the metro, and nationally.

Mountain View, CA rent broke the $3,000 threshold, growing 5.2% to $3,060, and was the second priciest.

Redwood City, CA ranked as third with rent at $2,970.

The Least Expensive

Vallejo, CA rent grew $20 to $1,270 but remained the most affordable in the metro.

Napa, CA ranked as the second least expensive city with rent at $1,540.

– Santa Rosa, CA followed closely behind as third with one bedrooms priced at $1,550.

Growth Rate

Slide10

The Fastest Growing (Y/Y%)

Petaluma, CA had the largest yearly growth rate for rent, up 11.4%.

San Leandro, CA rent saw an 8.1% spike since this time last year, making it the second fastest growing.

Santa Rosa, CA was third with rent up 7.6%.

The Fastest Growing (M/M%)

Mountain View, CA had the fastest growing rent since last month, climbing 5.2%.

Emeryville, Walnut Creek, & San Leandro, CA rents all tied for second fastest growing, up 5.1%.

Santa Clara, CA ranked as third with rent up 4.9%,

Screen Shot 2017-07-24 at 4.06.01 PM

Full Data

One Bedroom Two Bedrooms
Pos. City Price M/M % Y/Y % Price M/M % Y/Y %
1 San Francisco $3,450 2.40% -1.70% $4,500 0.00% -5.70%
2 Mountain View $3,060 5.20% 0.00% $3,750 0.80% 1.40%
3 Redwood City $2,970 3.80% -10.50% $3,650 -4.90% -12.30%
4 Palo Alto $2,720 -1.80% -4.60% $4,400 5.00% 0.00%
5 Emeryville $2,690 5.10% -12.40% $3,700 2.80% -4.10%
6 Sunnyvale $2,680 1.10% 3.10% $3,330 2.10% 0.00%
7 San Mateo $2,610 4.80% 2.80% $3,460 2.10% -3.90%
8 Santa Clara $2,550 4.90% 0.00% $3,040 -2.30% -2.60%
9 Berkeley $2,500 0.80% -5.70% $3,470 1.80% -2.00%
10 Milpitas $2,420 3.40% 5.70% $2,740 -4.90% -2.50%
11 South San Francisco $2,410 0.40% -10.70% $3,400 -0.30% 1.50%
12 San Jose $2,390 0.80% 4.80% $2,830 -1.40% -2.40%
13 Burlingame $2,350 -0.80% -13.90% $3,100 -4.30% -10.40%
14 Daly City $2,270 0.40% 0.90% $2,970 4.90% 0.70%
15 Walnut Creek $2,260 5.10% -0.90% $2,710 2.70% -2.50%
16 Union City $2,210 -3.90% -7.90% $2,510 -4.20% -4.20%
17 Fremont $2,200 0.50% -3.50% $2,560 2.40% -2.70%
18 Pleasanton $2,140 -4.90% -3.20% $2,550 -1.20% -5.60%
19 Oakland $2,100 -0.50% -7.50% $2,500 -2.00% -10.10%
20 San Ramon $2,080 1.50% -1.00% $2,590 2.00% 6.60%
21 Petaluma $2,060 -3.70% 11.40% $2,480 4.20% 8.80%
22 Alameda $1,900 -1.00% -12.80% $2,600 -0.80% -15.60%
23 Hayward $1,870 -1.10% 1.10% $2,250 -5.10% -2.60%
23 San Leandro $1,870 5.10% 8.10% $2,310 0.00% 15.50%
24 Richmond $1,810 -0.50% -3.70% $2,140 4.90% -4.00%
25 Livermore $1,690 -5.10% -0.60% $2,270 -1.30% 6.60%
26 Concord $1,600 -1.20% 3.20% $1,850 -1.60% -2.60%
27 Santa Rosa $1,550 2.00% 7.60% $1,990 4.70% 3.60%
28 Napa $1,540 1.30% 3.40% $2,270 -1.30% 14.10%
29 Vallejo $1,270 1.60% 5.00% $1,600 0.00% 15.90%

About

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

In the market for a new place? Search all San Francisco apartments for rent on Zumper now.

Stay up to date with Zumper by following us on FacebookTwitterInstagram, & Pinterest.

Source: The Zumper Blog

No Comments »

No comments yet.

Leave a comment