Study finds average rent in Fresno increases by about 28%.

Tag for rent, by Ashley Brown via Flickr.

Tag for rent, by Ashley Brown via Flickr.

Rent increases in Fresno topped the national charts again in 2021, with a 28% increase in one-bedroom rental rates between January 2021 and January 2022, according to property listing website Zumper.

Two-bedroom rentals are also up nearly 27%, and were among the top 10 increases in the country over the same time period.

As of January 2022, Fresno rental prices for a one-bedroom apartment have risen to an average of $1,400 per month, and two-bedroom apartments average $1,700 per month, according to Zumper.

Apartment Listing, another condo research firm, puts the average rent for a one-bedroom in Fresno at just over $1,050 and a two-bedroom at about $1,300 as of February, showing a 15.3% increase over the year Previous.

This is the second year in a row that Fresno’s rent rises are among the highest in the country. In 2021, a study of the apartment listing found that Fresno’s 2020 rent increase was the second-highest rent increase in the country at 10.8%, and the city recorded the highest four-year rent increase in the country.

Zamper’s National Rental Report for 2022 comes at a time when the city is grappling with how to tackle a growing homeless population and a shortage of affordable housing amid the ongoing COVID-19 pandemic.

“The increase in rent has been much greater than the increase in wages in our city, which has left a lot of our people out of the market,” Fresno City Council member Miguel Arias said at a press conference on affordable housing in January.

City officials have said on numerous occasions that affordable housing is one of the city’s top priorities; In October, Mayor Jerry Dyer said, “Housing and homelessness together are really two defining issues of our time.”

Dozens of Fresno residents have reached out to The Bee in the past year, reporting that the high cost of rent has forced them to stay in unsafe or unsanitary living conditions, move to hotels and motels, or go out on the streets.

Over the past year, the city of Fresno has begun several affordable housing projects, including single-family in southwest Fresno, multi-family housing along the Blackstone Street corridor, acquiring motels to house temporary homeless and implementing an affordable housing trust.

However, statistics from the US Census Bureau show that the rate of vacant rents in the Fresno metropolitan area has remained below 2% for the majority of the past two years. The lack of supply and the lack of supply contributed to the high rates of rent and prevented people from finding safe housing.

City leaders are set to hear policy recommendations from a “Here to Stay” report aimed at reducing displacement and homelessness in Fresno at the February 10 city council meeting; However, the session has been moved to a later date, according to an email from the city.

Policy recommendations – 46 in total, 15 of which were prioritized by the city’s anti-displacement task force – include rent control, fair opportunity housing for people with previous convictions and a full right to counseling.

This story was originally published February 6, 2022 5:00 p.m.

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