A new report shows San Diego has the fifth highest apartment rental rate in the state, with a typical one-bedroom unit going for $1,530 a month.
The report by Apartment List, an online rental marketplace, found local rents grew 0.1 percent in January and are 1.9 percent higher than a year ago.
But median rents are much higher elsewhere in the state. Rents are highest in San Francisco, where a one-bedroom runs $3,420 a month, followed by San Jose at $2,110, Oakland at $2,000 and Los Angeles at $1,870.
“As the U.S. renter population nears 44 million households — 37 percent of all households in the nation — the challenges facing this group of Americans are of increasing importance,” said Apartment List in a report on its website. “Despite strong employment growth in recent years, housing affordability continues to be a major concern for many renters across the country.”
Apartment List’s data is drawn monthly from millions of listings nationwide on its site.
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