City’s one-year rent increases have zoomed past most of the nation 

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  • A large 'rent' banner is posted on the side of an apartment building in San Francisco.
If recent, and not surprising, news that The City has the distinction of being the country’s most expensive municipality for renters wasn’t enough to rile already angry San Franciscans, new numbers should do just that.

San Francisco — with the exception of two areas in Florida — had the highest increase in year-over-year rents nationwide.

According to the real estate website Trulia, rents in San Francisco increased by 12 percent from 2012 to 2013.

That’s compared to a national increase of only 3 percent.

As for that oft-compared city along the eastern seaboard, New York, its rents only increased 3 percent.

But similarly sized West Coast cities to the north saw steep rent increases too.

Seattle’s rents jumped by 9.8 percent and Portland, Ore.’s rents rose by 10 percent.

As for San Francisco’s eastern neighbor, Oakland, rents there increased only 1.5 percent.

For the record, Lakeland-Winter Haven, Fla., had the nation’s highest rent increase of 24 percent in one year followed by another Florida region — North Port-Bradenton-Sarasota — which saw rents increase 14.8 percent.

About The Author

Jonah Owen Lamb

Jonah Owen Lamb

Bio:
Born and raised on a houseboat in Sausalito, Lamb has written for newspapers in New York City, Utah and the San Joaquin Valley. He was most recently an editor at the San Luis Obispo Tribune for nearly three years. He has covered higher education, planning, and the economy since October 2013.
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