Vallejo area rents increasing
Rents in the Vallejo area, while the lowest in the Bay Area, are rising faster than in most other places, even as the number of renters increase, driving some people out of the area, a new study found. A firm called Apartment List conducted the study to try and get a handle on the challenges renters face , spokeswoman Sydney Bennet said. “In the Vallejo metro, the number of renter households has increased by 30 percent since 2005,” she said. “However, there was insufficient data and research into the challenges renters face . To address this, Apartment List set up its data science program in 2014.” That research leverages proprietary rental unit and survey data, she said. “We also invest significant resources into gathering and analyzing Census and other publicly available data,” she said. The resulting study found that the Vallejo area’s 5 percent year-over- year rent increases , leads the national and state averages. The median monthly rent for a two-bedroom unit in Vallejo t...