Rents Come Down Across Bay Area
According to Zumper, rents have come down in several East Bay cities.
New data published by Zumper, a San Francisco tech company that seeks to enable would-be tenants to sign lease agreements through their mobile phone on-the-spot, rental prices have come down across the Bay area, including on the Peninsula and in several East Bay cities. However, rents in Alameda
have risen slightly.
Over the past year, Fremont, Berkeley and Emeryville all saw double-digit declines in rental rates for 1 bedroom units; Alameda saw a 4 percent rise.
With 30 cities ranked by the median rent for a 1 bedroom unit, Alameda came in 22nd most expensive, with a median 1 bedroom monthly rent of $1,980. Nearby Richmond, Hayward and San Leandro were less expensive.
San Francisco, Palo Alto and Redwood City were the three most expensive cities.
Alameda ranked 22nd most expensive out of 30 cities when ranked by media 1 bedroom rental prices.
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