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San Jose apartment rents push to a new high in August as growth outpaces national trend

Average rents rose for an eighth consecutive month, hitting 7.6% year over year
CoStar Analytics
September 10, 2026 | 4:52 P.M.

San Jose apartment rents continued their upward trajectory in August, extending a strong run of gains that has lifted multifamily pricing to a new cyclical high.

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