East Bay Asking Rents Slip Overall, But Studios Set A New Record

The average asking rent for an apartment in the East Bay ticked down a few dollars from $1,686 to $1,674 a month in the fourth quarter of 2013 but remains 8 percent higher on a year-over-year basis, according to Cassidy Turley.
The average asking rent for a studio in the East Bay, however, is up to $1,322 a month, a new record and 12 percent higher versus the fourth quarter of 2012.