Rents Range Widely Across Five US Markets

Zillow’s market data shows average rents ranging from $1,595 in Salt Lake City to $3,500 in the Bay Area among the five markets. Salt Lake City, Houston ($1,900), the Bay Area, and Oakland ($2,400) are classified as warm, while Sacramento ($1,933) is cool. Year over year, rents rose $29 in Salt Lake City, $580 in the Bay Area, and $100 in Oakland; Houston’s rent was unchanged, and Sacramento’s fell $61. Rents are below the national average in Salt Lake City (20%), Houston (5%), and Sacramento (3%), but above it in Oakland (20%) and the Bay Area (75%).