A newly-released report shows that San Diego has surpassed San Francisco as a more expensive city for renters and now ranks in the top three highest rental cities in the U.S.
SAN DIEGO — A newly-released report shows that San Diego has surpassed San Francisco as a more expensive city for renters and now ranks in the top three highest rental cities in the United States.
San Diego ranked third in the nation, following San Jose and New York City. San Jose was identified as the priciest major market nationwide, with an average monthly cost of $3,411. Researchers believe the particular mix of cities was most exposed to tech industry hiring weakness, as well as some of the top destinations to which remote workers decamped earlier in the pandemic.
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