Oakland's Apartment Rents Plummet, Surpassing National Average Drop

1 min read
Source: KTVU FOX 2 San Francisco
Oakland's Apartment Rents Plummet, Surpassing National Average Drop
Photo: KTVU FOX 2 San Francisco
TL;DR Summary

Oakland is experiencing the largest decrease in apartment rents among the top 100 cities in the US, with a 7.2% drop in median prices for one-bedroom apartments compared to the previous year. This decline is attributed to people leaving urban areas during the pandemic in search of more affordable or spacious housing options.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

0 min

vs 1 min read

Condensed

40%

8853 words

Want the full story? Read the original article

Read on KTVU FOX 2 San Francisco