In November, California landlords sought an average of $2,365 a month, reflecting a 2.3% annual increase, highlighting the persisting unaffordability in the housing market.
Rents in California are significantly higher than in the rest of the nation, with landlords in 89 cities asking for $1,445, which is 39% less than California.
Despite various fluctuations, rent continues to increase in eight out of the eleven largest cities in California, reflecting a continuing trend of escalating housing costs.
Comparatively, Texas and Florida present lower rental figures, with major cities seeing 40% and 25% less in rent than California, unveiling a stark contrast in affordability.
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