CALIFORNIA — California is among the states where rent costs are the most expensive in the Nation. According to the report, rent increased 1.1 percent from December 2018 to December 2019.
Other rent estimates for California are included in the report. Median prices were figured using data from December 2018 to December 2019:
- Median One-Bedroom Rent: $1,452
- Median Two-Bedroom Rent: $1,852
- Monthly Change (November 2019 to December 2019): .2 percent
To determine the data, the author of the list, Apartment List, used the Department of Housing and Urban Development’s Fair Market Rent Calculation Methodology but instead analyzes rental-specific market trends. Read more about the National Rent Report methodology.
According to the report, Stockton, California, led the cities with the fastest rent growth in the last five years. Since 2014, rent in Stockton has increased by 28.5 percent.
These are the top 10 cities with the fastest rent growth in the last five years:
- Stockton, California
- Colorado Springs, Colorado
- Mesa, Arizona
- Arlington, Texas
- Henderson, Nevada
- Tampa, Florida
- Aurora, Colorado
- Phoenix, Arizona
- Sacramento, California
- Anaheim, California
Nationally, rent costs increased by 11.3 percent since 2014. See the full report and where other communities rank here.