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    Bakersfield ranks in top 100 most expensive cities to rent an apartment

    By Rob Hagan,

    2 days ago

    https://img.particlenews.com/image.php?url=4WVGC4_0vDZOfwr00

    BAKERSFIELD, Calif. ( KGET ) — Bakersfield is the 74th most expensive place to rent out of the 100 most populated cities, according to the Zumper National Rent Report .

    Zumper analyzed more than 1 million active listings across the country and the national rent index showed the median one-bedroom rent is up 1.6% annually to $1,534, while two-bedrooms climbed 2.7% to $1,915. New York tops the list, showing the rent for a one-bedroom spiked to $4,500 this August reaching an all-time high.

    The price of one bedroom apartments in Bakersfield remained at $1,100 last month, while two bedroom apartments grew 2.9% to $1,440.

    According to Zillow, the complex located in the heart of Bakersfield at 19th and R streets has a 1 bedroom 1 bathroom apartment for $625 a month.

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    If you travel just about a quarter of a mile, you’ll find the most expensive 1 bedroom apartment at 20th and P streets, priced at $1,975 for a 1 bedroom 1 bathroom apartment at 679 square feet.

    Landlords cannot raise rent more than 10% total, or 5% plus the percentage change in the cost of living – whichever is lower – over a 12-month period, according to the California Civil Code § 1947.12.

    There are currently 672 available rentals and rent is 7% lower than the national median, according to Zillow.

    Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

    For the latest news, weather, sports, and streaming video, head to KGET 17.

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