Oakland Rents Jump Again in April, Now Equal with Boston
Since last summer, Oakland’s been getting a lot of press for its rapid, rather unsettling housing price appreciation, particularly that of its rental market. According to Zumper’s National Rent Report for April, 2016, that appreciation has continued.
Oakland is up 1.3 percent for one beds and 0.7 percent for two beds month-over-month. “Prices are now $2,280 and $2,720, respectively. Both of these yearly percentages represent the highest of any city in the US for each respective bedroom type,” says Zumper.
Pricing out the average resident?