Davis rental market paces Sacramento region
What makes Davis a tough market for renters also makes it prime territory for income property investors.
As rents continue to increase across the Sacramento region - they have risen 11 percent year-over-year, according to Yardi Matrix - Davis continues to pace the competitive market. That comes as no surprise.
Davis residents pay the highest average rents in the region at an average of $1,593 to go along with a 0.9% vacancy rate. In comparison, average rents in downtown Sacramento currently hover at $1,173.
As hot as the downtown Sacramento market is among investors and developers due to a lack of rental inventory, savvy investors will continue to look toward Davis.