California Rent Growth Defies Expectations: Affordable Cities and Tech Hubs Lead Price Surge
California's rental landscape The YoY Rental Change versus Median Rent Breaks Down into 3 Regimes. The data reveals three distinct patterns. .The state's most expensive market, San Francisco, shows moderate of growth at 4.3%, while mid-market cities like Oakland and San Diego are experiencing rent decreases. Meanwhile, inland cities Bakersfield and Fresno, despite their lower baseline rents, are posting some of the strongest growth rates in the state. https://claude.site/artifacts/61275094-b46c-44aa-837b-f9e332283e83 California Rent and Year over Year Change for various MSA https://claude.site/artifacts/0ce232b5-ad19-47a8-8037-14d53884368c California Rent Growth Defies Expectations: Affordable Cities and Tech Hubs Lead Price Surge In an unexpected twist for California's rental market, both the state's most expensive and most affordable cities are seeing the steepest rent increases, according to new data from Zumper. Bakersfield leads the pack with a 7.6% year-...