Sacramento isn’t the only city in the region with skyrocketing rents.
The average apartment rent in Roseville climbed 8.5 percent in January, compared to the same period last year, according to a new analysis by apartment listing service RENTCafe. The website analyzed rent in 250 American cities that had at least 2,900 apartments in 50-unit buildings. The average rent in Roseville is now $1,603 a month.
The Roseville increase was eighth highest among cities studied by RENTCafe. It was the first time Roseville cracked the top 10.
Sacramento also saw an 8.5 percent increase over last year. The average rent in that city was $1,287.
Increases of at least 7 percent were also seen in Fairfield, Stockton and Modesto.
Manhattan had the highest average rent in the nation, at an average of $4,079. San Francisco was second at $3,448.