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Major cities such as San Diego and Los Angeles have average rental rates of over $2,000, while cities such as Irvine have average rental rates of nearly $3,000. Check Out: Renting Vs. Owning a ...
When comparing the rental rates of Los Angeles and the average rate across the United States one can see just how much higher the city is compared to the rest of the country. While in 2017 the average rental rate in the United States was $1,357, in comparison the average rental rate in Los Angeles in 2017 was $2,284, almost a $1,000 average ...
(The Center Square) - California utility prices have increased 51% more than then national average, while California rents have increased 21.6% less than national average, according to a new ...
Rental vacancy rates, for example, which are one marker of the balance of housing supply, have declined across the country. While, in a balanced market, rental vacancy rates should fall between 7 and 8 percent, only one U.S. census region, the South, achieved target levels on average in its metro areas as of 2021. [15]
Commercial property vacancy rates can ebb and flow with the shifting economy in various cities, states, and nations. In the United States, for example, according to the Seattle Times office space was "tight" in Seattle and Bellevue in 2013. [4]
For five years up until 2022, the housing vacancy rate in the largest U.S. cities fell from 9.3% to 7.3%. During that same period, the median sale price of a home in the U.S. jumped from $322,425 ...