Bay Area – South Bay is the 37th largest multifamily market with 137,668 completed units and 58,397 units in development, 8,863 of which have already broken ground, as of September 2022.
Bay Area – South Bay Multifamily Market Summary – September 2022
New lease asking rents are at $3,094, up 10.1%▲
from the previous year placing Bay Area – South
Bay at 44th overall in year-over-year rent growth.
Bay Area – South Bay Multifamily Market Summary – August 2022
New lease asking rents are at $3,114, up 11.9%▲
from the previous year placing Bay Area – South
Bay at 34th overall in year-over-year rent growth.
Bay Area – South Bay Multifamily Market Summary – July 2022
New lease asking rents are at $3,109, up 13.5%▲
from the previous year placing Bay Area – South
Bay at 37th overall in year-over-year rent growth.
Bay Area – South Bay Multifamily Market Summary – June 2022
New lease asking rents are at $3,084, up 14.8%▲
from the previous year placing Bay Area – South
Bay at 32nd overall in year-over-year rent growth.
Bay Area – South Bay Multifamily Market Summary – May 2022
New lease asking rents are at $3,006, up 13.6%▲
from the previous year placing Bay Area – South
Bay at 43rd overall in year-over-year rent growth.
Bay Area – South Bay Multifamily Market Summary – March 2022
New lease asking rents are at $2,901, up 12.1%▲
from the previous year placing Bay Area – South
Bay at 65th overall in year-over-year rent growth.
Bay Area – South Bay Multifamily Market Summary – February 2022
New lease asking rents are at $2,938, up 12.1%▲
from the previous year placing Bay Area – South
Bay at 65th overall in year-over-year rent growth.
Bay Area – South Bay Multifamily Market Summary – January 2022
New lease asking rents are at $2,832, up 10%▲
from the previous year placing Bay Area – South
Bay at 85th overall in year-over-year rent growth.
Bay Area – South Bay Multifamily Market Summary – February 2022
New lease asking rents are at $2,841, up 10.8%▲
from the previous year placing Bay Area – South
Bay at 81st overall in year-over-year rent growth.
Bay Area – South Bay Multifamily Market Summary – December 2021
New lease asking rents are at $2,790, up 8.3%▲ from the
previous year placing Bay Area – South Bay at 95th overall in
year-over-year rent growth
