• Nationwide rents grew 0.9 percent in May over the previous month and 6 percent on an annual basis.
  • Rent prices are growing San Francisco but the growth rate dipped in May over the previous month.
  • Occupancy rates in San Francisco have remained strong month-over-month at 96.8 percent.

Rental prices continue to make strong strides, growing month by month and year by year. According to Yardi’s month survey of 119 metros throughout the nation, the U.S. saw a rent increase of 6 percent in May 2016 since May 2014 to another all-time high of $1,204.

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