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Rent remains high in Sacramento despite flattening out across the US

After rising nearly 18% in 2021, rent prices have cooled off with the change of seasons, according to Apartment List.

SACRAMENTO, Calif. — Despite rent flattening out across the United States, rent in Sacramento is up 20% since the start of the pandemic in March 2020. 

The median rent in Sacramento currently stands at $1,402 for a one-bedroom apartment and $1,837 for a two-bedroom, according to Apartment List

Sacramento has seen a rent increase of 0.8% compared with a 0.1% increase nationally. Ranked #17 among the nation's largest cities for monthly rent growth, Sacramento also ranked #47 among the nation's largest cities for yearly rent growth. 

Prices have risen nearly 18% in 2021 but have cooled off with the change of seasons, according to Apartment List.

In November, rents fell in 53 of the nation's 100 largest cities to include:

  • Boise, Idaho (-3.7%)
  • Spokane, Washington (-3.1%)
  • Reno, Nevada (-3%)

Rents fell in some of the largest and most expensive cities as well to include:

  • San Francisco (-2.7%)
  • Seattle at (-2.1%)
  • Boston (-1.9%) 

WATCH ALSO:

Why Sacramento rent is increasing while most cities are declining | Dollars and Sense

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