In San Jose, the median cost of rents rose 2.5 percent year-over-year to $2,050 for a one-bedroom apartment and $2,570 for a two-bedroom unit, according to the report by the ApartmentList.com website, which tracks rents nationwide.
In Oakland, rents rose 5.4 percent from a year earlier to $1,780 for a one-bedroom and $2,240 for a two-bedroom, while San Francisco apartments inched up 1.6 percent to $2,450 for a one-bedroom and $3,080 for a two-bedroom.
There were a handful of places where rents fell from a year ago. They were down 2.7 percent in Berkeley (to $2,060 for a one-bedroom and $2,590 for a two-bedroom); down 0.9 percent in Daly City ($2,520 for a one-bedroom, $3,170 for a two-bedroom); and down 0.4 percent in Campbell ($1,890 for a one-bedroom, $2,370 for a two-bedroom).
Last month in Cupertino, rents were up 6.0 percent year-over-year to $4,020 for a one-bedroom and $5,040 for a two-bedroom. In Sunnyvale — close to Apple’s new spaceship campus — rents jumped 4.2 percent to $2,240 for a one-bedroom and $2,800 for a two-bedroom.
In San Mateo, rents were up 1.3 percent, which doesn’t sound like a lot until you see the cost of apartments: $3,410 monthly for a one-bedroom and $4,290 for a two-bedroom.
In the East Bay, rents rose 6.2 percent in Concord to $2,370 for a one-bedroom and $2,980 for a two-bedroom; and 2.4 percent in Walnut Creek to $2,400 for a one-bedroom and $3,020 for a two-bedroom.