If you’re hoping that your rent will stop increasing here in Sacramento, it looks like it’s not going to happen anytime soon. See what a new report says…
Bizjournals.com says that a new report from Yardi Matrix says that we led “all major U.S. metropolitan areas — again — in year-over-year percentage growth in rents, this time with 8.1 percent since January 2017.”
The report added that rent in Sacramento NOW averages $1,393/month – up 40% in the last four years!
Thankfully, the report seems to suggest that rent growth in our area should slow down – but not by much. They predict a 7.2 percent rent growth over the next year.
To see why rent continues to rise here in Sacramento and more on the report, CLICK HERE