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But living in this tech hub is exceedingly expensive; the median home price stands at $1.4 million, while the median rent for a one-bedroom apartment is over $4,200 per month.
Not all California counties had Census data available. Yuba County had the highest percent difference of nearly 73% between the median rent ($1,124) and mortgage ($2,411).
The city is the second most expensive county in California for renters. A tenant must make a minimum $61.31 hourly wage in order to afford a two-bedroom apartment. (Yichuan Cao / Sipa USA via ...
[80] [81] [82] In the rental market, California now has the lowest vacancy rate the state has ever seen, at 3.6%; [83] and while the median rent throughout the state for a two-bedroom apartment is $2,400, the median rent in coastal urban areas is even higher, surpassing $4,000 per month in San Francisco. [84]: 1
While reports show that rent across the country has dipped recently, the housing market is still tough and expensive. Scripps News spoke with Kyle Eerdmans on the streets of Denver.
In the U.S. on average, rent prices for one- and two-bedrooms increased by 1.2% over the past month -- the first time monthly growth rates have exceeded 1% in the past 20 months, Zumper reported....
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Private listing services, like Rent.com or Zillow, monitor the listed prices of housing and track their changes in real time. The CPI data, however, has a serious lag—Sturtevant said it can take ...