In February, San Bernardino County reported the lowest rental vacancy rate in Southern California at 3.7%, following significant wildfire damage in nearby Los Angeles County that destroyed over 12,000 structures. This situation exacerbated an already tight rental market. San Bernardino's vacancy rate reflects the fifth-tightest market nationally, while Los Angeles County's rate decreased to 4.9%. Other regional counties faced similar declines, underlining increasing housing demand amidst limited availability, signaling ongoing challenges for renters as the recovery unfolds.
San Bernardino County saw the lowest rental vacancy in Southern California at 3.7%, indicative of a tight market worsened by wildfires impacting regional availability.
The recent wildfires in Los Angeles County led to increased demand for rentals, showcasing a significant housing challenge as vacancies plummet across the region.
The vacancy trends highlight the growing difficulty for renters, particularly in San Bernardino, where the rate fell and reflected ongoing housing pressures on the market.
Los Angeles and surrounding counties demonstrated a reduction in rental availability, with February vacancies significantly impacted by recent natural disasters affecting housing.
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