July 2017 Fontana Rent Report
Welcome to the July 2017 Fontana Rent Report. Fontana rents declined over the past month. In this report, we'll evaluate trends in the Fontana rental market, including comparisons to cities throughout the metro, state, and nation.
Fontana rents declined significantly over the past month
Fontana rents have declined 0.5% over the past month, but have increased slightly by 1.6% in comparison to the same time last year. Currently, median rents in Fontana stand at $1,020 for a one-bedroom apartment and $1,270 for a two-bedroom. Fontana's year-over-year rent growth lags the state average of 4.2%, as well as the national average of 2.9%.
Rents rising across the Riverside Metro
Throughout the past year, rent increases have been occurring not just in the city of Fontana, but across the entire metro. Of the largest 10 cities that we have data for in the Riverside metro, all of them have seen prices rise, and this trend can be seen throughout other areas in the state, as well. California as a whole has logged a 4.2% year-over-year growth. Here's a look at how rents compare across some of the largest cities in the metro, as well as the rest of the state.
- Corona has the most expensive rents in the Riverside metro, with a two-bedroom median of $2,120; the city has also seen rent growth of 8.0% over the past year, the fastest in the metro.
- Over the past month, Moreno Valley has seen the biggest rent drop in the metro, with decline of 0.9%. Median two-bedrooms there cost $1,670, while one-bedrooms go for $1,340.
- San Bernardino has the least expensive rents in the Riverside metro, with a two-bedroom median of $1,030; rents increased 0.1% over the past month and 3.9% over the past year.
- Looking throughout the rest of the state, San Francisco is the most expensive of all California's major cities outside the Riverside metro, with a median two-bedroom rent of $3,040; of the 10 largest cities in the state that we have data for, San Francisco, is the only major city to see rents fall year-over-year (-0.6%).
- Sacramento, Fresno, and Anaheim have all experienced year-over-year growth above the state average (8.2%, 5.5%, and 5.0%, respectively).
Fontana rents more affordable than many large cities nationwide
Rent growth in Fontana has been relatively stable over the past year - some other large cities have seen more substantial increases. Fontana is still more affordable than most large cities across the country.
- Fontana's median two-bedroom rent of $1,270 is above the national average of $1,150. Nationwide, rents have grown by 2.9% over the past year.
- While rents in Fontana remained moderately stable this year, similar cities saw increases, including Seattle (+5.6%), Phoenix (+5.1%), Charlotte (+4.3%); note that median 2BR rents in these cities go for $1,680, $1,020, and $1,100 respectively.
- Renters will find more reasonable prices in Fontana than most large cities. Comparably, Seattle has a median 2BR rent of $1,680.
For more information check out our
national report.
You can also access our full data for cities and counties across the U.S. at
this link.
| City |
Median 1BR price |
Median 2BR price |
M/M price change |
Y/Y price change |
| Riverside |
$1,020 |
$1,280 |
-0.1% |
4.0% |
| San Bernardino |
$820 |
$1,030 |
0.1% |
3.9% |
| Fontana |
$1,020 |
$1,270 |
-0.5% |
1.6% |
| Moreno Valley |
$1,340 |
$1,670 |
-0.9% |
6.1% |
| Rancho Cucamonga |
$1,340 |
$1,670 |
0.1% |
6.5% |
| Ontario |
$1,170 |
$1,460 |
0.8% |
6.6% |
| Corona |
$1,690 |
$2,120 |
0.3% |
8.0% |
| Murrieta |
$1,370 |
$1,710 |
0.4% |
3.8% |
| Indio |
$960 |
$1,200 |
1.0% |
3.1% |
| Chino Hills |
$1,510 |
$1,910 |
-0.7% |
5.7% |
| Upland |
$1,400 |
$1,770 |
0.2% |
7.1% |
| Redlands |
$860 |
$1,080 |
-0.3% |
2.1% |
| Palm Desert |
$950 |
$1,190 |
-0.2% |
0.6% |
| Palm Springs |
$910 |
$1,130 |
-0.2% |
3.0% |
| La Quinta |
$1,100 |
$1,370 |
-0.1% |
1.1% |
| Twentynine Palms |
$630 |
$790 |
-0.5% |
-0.8% |
See more
Methodology - Recent Updates:
Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.
Read more about our new methodology below, or see a more detailed post here.
Methodology:
Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.
Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.
Read more about our methodology here.
About Rent Reports:
Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.
We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.
