Roseville rents climb to a new high this summer
The typical Roseville rent reached $2,645 in June, the highest on record, though the year-over-year gain remained modest compared with recent rent surges.
The typical Roseville rent reached $2,645 in June, the highest on record, though the year-over-year gain remained modest compared with recent rent surges.
The typical Auburn rent set a fresh record at midyear, though the year-over-year gain remained modest and left the typical household just under the rent-burden threshold.
The typical Folsom rent reached $2,655 in June, up $79 from a year earlier, though local incomes keep the market well short of rent-burdened territory.
The typical asking rent reached $2,469 in June, up 2.3% from a year earlier, while renters still spend under a quarter of their income on housing.
The median rent climbed 3.0% over the past 12 months to $3,156, nearly double the roughly 1.6% pace seen across the wider region.
The typical asking rent reached $2,038 in June, its highest point on record, though the yearly gain stayed modest and renters remain well clear of the burden threshold.
The typical Elk Grove rent set a record this June, yet its year-over-year gain of less than 1% left most renters facing little added pressure on their budgets.
The city's median rent climbed 2.0% over the past year, close to the roughly 1.6% pace seen across the region, keeping housing costs elevated for local renters.
The median asking rent rose 1.5% from a year ago, mirroring the roughly 1.6% increase seen across the wider region.
The City Council took steps to bring in new state money for sheltering young adults experiencing homelessness, and also tweaked local rules on how many pets residents can keep.