The fastest rent growth was in Concord, where year-over-year rents were up 7.3 percent, according to the report from the ApartmentList.com website. A median two-bedroom apartment in Concord now rents for $3,010 and a one-bedroom fetches $2,400.
The region’s highest rents are in Cupertino, where a one-bedroom costs $3,990 monthly and a two-bedroom brings $5,000. The cheapest rents are in Oakland, where a one-bedroom costs $1,760 and a two-bedroom rents for $2,210. Almost as cheap is Campbell, where a one-bedroom fetches $1,890 and a two-bedroom goes for $2,370.