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In 2018, the median rental rate in Silicon Valley was $2,911, the highest of any major metropolitan region in the United States. [3] At $3.20 per square foot, the San Jose metro area has the second highest rental rate per square foot in the United States, behind San Francisco at $3.42. [3]
Three Sixty Residences is a 22-storey, 82.18 m (269.6 ft) residential skyscraper in downtown San Jose, California.It is the fourth tallest building in the city. Originally built to be a condominium tower, the vacant Three Sixty was converted to luxury rental apartment units in 2010 after the down-turn in local real est
Mom of 5 Reveals Steep Rent for N.Y.C. Apartment She Uses for 'Storage' — Despite Having $12K Apartment Across the Hall (Exclusive)
Essex Property Trust is a publicly traded real estate investment trust that invests in apartments in California and in the Seattle metropolitan area. [1]As of December 31, 2023, the company owned interests in 252 apartment complexes, aggregating 61,997 apartment units, and 3 commercial office buildings, comprising 283,000 square feet.
San Jose is the county seat of Santa Clara County and the main component of the San Jose–Sunnyvale–Santa Clara Metropolitan Statistical Area, with an estimated population of around 1.95 million residents in 2023. [18] San Jose is notable for its innovation, cultural diversity, [19] affluence, [20] and sunny and mild Mediterranean climate. [21]
In October 2015, San Francisco had the highest rents of any major US city. [2] The nearby city of San Jose had the fourth highest rents, and adjacent Oakland had the sixth highest. [2] Over the period April 2012 to December 2017, the median house price in most counties in the Bay Area nearly doubled. [3]
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