Apartments in Mission San Jose Fremont

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$4,490
Gorgeous Four Bedroom New Home In Mission San Jose Area Of South Fremont
41579 Casabella Cmn Fremont, CA
4 BR | Available Now
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$4,000
3 Bed 2 Bath Home
43241 Charleston Way Fremont, CA
3 BR | Available Now
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Fremont:
May Rent Report

Welcome to the May 2024 Fremont Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Fremont rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Fremont and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Fremont average rent prices in the chart below.

Monthly Rent Report

$3,250
$2,440
$1,630
$810
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Fremont Rent Prices Decrease From April to May

Fremont rent prices decreased over the last month. From April to May, the city experienced a -0.19% decrease for the price of a one-bedroom apartment. The rent price for a Fremont one-bedroom apartments currently stands at $2,604.0.

When we take a look at the two-bedroom comparison from April to May, Fremont experienced a 0.94% increase for the price of a two-bedroom apartment. The rent price for a Fremont two-bedroom apartments currently stands at $3,128.0.

May Prices: Fremont vs. Surrounding Areas

Rent Prices in Fremont and Surrounding Areas

Rent prices have decreased in Fremont over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Fremont suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Fremont suburbs

  • Rents did not decrease in any of the Fremont suburbs.

May 2024 Pricing Trends: Fremont vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Fremont Rent Prices More Affordable Than Major Cities

Rent growth in Fremont over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Fremont average rent prices appear to be relatively affordable for local residents.

The price for a Fremont one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Fremont and surrounding area rent prices, take a look at the complete data set below.

Data set for Fremont and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.