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Measuring affordable housing is tricky. Different organizations look at different things: some at buying homes, others at renting apartments. Many U.S. studies, for example, only consider the average rent of a two-bedroom apartment, regardless of location or quality. This can make housing look more expensive than it actually is for many people.
[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
The Fresno Police Department opened its Central Policing District headquarters there in 2016. There have been several redevelopment plans over the years that mostly fell flat.
Costa–Hawkins changed this by allowing an apartment owner the right to rent the vacancy at any price (i.e., usually the market price). [5] [6] In 2019, the California legislature passed and the governor signed AB 1482, which created a statewide rent cap for the next 10 years. [7]
Housing predominantly consists of owner-occupied units, with a 79.9% ownership rate and a median value of $369,900. Monthly housing costs average $2,189 for owners with mortgages and $637 for those without. Median rent is $1,303. [20] Households average 2.29 persons, with 87.2% of residents living in the same house for at least one year.
Fresno has a total area of 116 square miles (300 km 2) with 98.96% land covering 114.79 square miles (297.3 km 2), and 1.04% water, 1.21 square miles (3.1 km 2). Fresno's location, very near the geographical center of California, places the city a comfortable distance from many of the major recreation areas and urban centers in the state.
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