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Real Estate, San Jose

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2021-01-31 By Jeff Keller

San Jose Rent Prices Increase Slightly – 1st Time Since March

The San Jose median rent price increased for the first time since March 2020. SF rent prices also increased for the first time since April 2020. They caution that increases are typical for this time of year so it may not indicate that effects from the pandemic are decreasing.

City1 Bed Rent (m to m)(y to y)2 Bed Rent (m to m)(y to y)
SF$2,680 (0.8% )(-23.9%)$3,500 (0.0%)(-23.1%)
San Jose$2,130 (1.9%)(-12.7%)$2,660 (0.40%)(-10.1%)
Sacramento$1,400 (-2.1%)(7.7%)$1,730 (0.0%)(15.3%)

Sacramento median rent prices are up year-to-year suggesting many renters are relocating within California (possibly expecting to return to their former location).

View San Jose house prices or San Jose condo prices.

Filed Under: san jose rent Tagged With: san jose real estate trends

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