Napa ranked second most affordable Bay Area city for renters

Napa was ranked as the second most affordable city in the Bay Area to rent a one bedroom unit, according to a news release from a real estate data source.

The Zumper SF Bay Area Metro Report analyzed more than 14,000 active listings in April across 30 metro cities to show the most and least expensive cities and cities with the fastest growing rents.

According to the report, Vallejo remained the least expensive Bay Area city to rent with one bedroom units priced at $1,300.

Napa was ranked second. The price of one bedroom Napa rental units grew 1.4 percent to a median of $1,480, while two bedrooms fell 1.4 percent to $2,190.

Santa Rosa followed behind as the third least expensive city at $1,530.

San Francisco was listed as the most expensive Bay Area city, where rent grew $50 this month to $3,370 for one bedroom units.

Get breaking news sent instantly to your inbox

Redwood City was the second most expensive city with rent growing $140 this month, surpassing the $3,000 threshold, to $3,010 and Sunnyvale was ranked as third with rent at $2,780.

At the same time, Santa Rosa rent had the largest yearly growth rate, up 15 percent.

Petaluma had the second fastest growing rent, climbing 14.1 percent since this time last year.

Livermore ranked as…

click here to read more.

California News
No Comment

Leave a Reply