According to Apartment List, rent in Sacramento is at an all-time high due to the COVID pandemic. Author: Monica Coleman (ABC10) Updated: 7:29 PM PDT June 2, 2021
SACRAMENTO, Calif. A recent report claims rent in Sacramento is at an all-time high due to the COVID-19 pandemic.
According to Apartment List, Sacramento rents are up by 10% year-over-year compared to the national index that is only up by 5%. The report shows rents in Sacramento are growing at double the national average. When I first moved to the area my rent was $800 a month and now it’s $1400, said Kenneth Parker who lives in Sacramento. Parker says despite him and his girlfriend making good salaries they still struggle to pay rent.
KXLY
June 3, 2021 11:09 AM Erin Robinson
Updated:
SPOKANE, Wash. Spokane is ranked second in the nation for rent increases this year.
A study from Apartment List shows rents have increased 6.5 percent over the past month and is up 20.4 percent in comparison to the same time last year.
Median rents stand at $898 for a one-bedroom apartment and $1,235 for a two-bedroom.
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KXLY
June 3, 2021 11:42 AM Erin Robinson
Photo by Aaron Sousa on Unsplash
SPOKANE, Wash. A new study from Apartment List shows Spokane ranks second in the nation for rent increases this year.
The data show that prices have increased 20.4 percent from May 2020 to May 2021. In the past month alone, rents have increased 6.5 percent.
According to Apartment List, median rents stand at $898 for a one-bedroom apartment and $1,235 for a two-bedroom, which is above the national average of $1,165.
Looking at trends nationwide, Spokane rent prices are in the same range as Phoenix, Atlanta and Dallas, while more expensive than Detroit.
Rents have actually decreased in some of the country’s largest cities, including San Francisco, New York and Washington D.C, though they are still more expensive than rent prices in Spokane.