Rates Up in Silicon Valley

Rents in Silicon Valley rose by 12.6% in Q2 with the average of $1,759-a-month topping all markets in the country. According to RealFacts, some of the biggest rent hikes came in Sunnyvale, which was up 17.6% from last year. San Mateo and Mountain View were up 14.5% and 13.2%, respectively. The most expensive rents are in Cupertino and Palo Alto.

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