Silicon Valley Apartment Market Becoming Super Competitive: Report

Bay Area apartments are getting harder to find and as techies come back to the office, new numbers show the Silicon Valley apartment market has become super competitive. 

Apartment listing service RentCafe says that for every apartment that opens up in the Bay Area, 11 people apply to move in.

“It’s competitive because you get put on a list, you know, and then from there you’re on a list to see who’s the highest applicant,” said Daniel Gomez of San Jose.

This has led to higher rental prices, especially in certain cities.

“South San Francisco, Mountain View, and Santa Clara,” said Crystal Chen of Zumper.

Those cities, according to

→ Continue reading at NBC Bay Area

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