Approximately 68,700 square feet were added in the first half of 2019, and additional 149,100 is expected by year end.ġ9.8% of Sacramento’s jobs are using office spaces, the lowest number seen in a decade, and just below the current national average of 21.5%.

Education, health, leisure, and hospitality sectors have reported the highest growth over the previous year, up 5.4%.ĭemand for high-quality properties has risen over the last five years, and has led to an increase in construction in the area. Though Sacramento has shown the most growth in the suburban sector, the city also shows steady gains in the office market. The downtown and midtown areas are most in demand, and have shown a rise in rental rates.Ī Zillow study recently found that from 2018 to 2019, Sacramento ranked second in the country for cities searched by outsiders looking to relocate.Īverage asking rent: $23.65 per square foot Sacramento is the fastest-growing market in the country for apartment rentals, according to the Yardi Matrix Analysis Q2 2019. The 32 mile trail is fully-paved with two lanes and amenities such as restrooms and water fountains.Īccording to, the average apartment size in Sacramento, CA is 823 square feet the average rent is $1,404. Sacramento is home to the American River Bike Trail. It is rumored that the theater is haunted.

The Eagle Theater was the first permanent theater ever built in California, and still stands today. The Old Sacramento Historic Park, a business district from the 1850’s, was made a National Historic Landmark in 1965. The population of Sacramento, CA is just over 508,000, making it the 35th largest city in the country. Using our proven strategies, the latest tech, and first-hand knowledge of the ever-changing market conditions, Utopia Management is able to consistently and promptly fill vacancies with quality tenant’s at the most advantageous rental rates. Landlord and owner portals provide 24-hour access to full financial records, including receipts for invoices and bills cared for on your behalf. Through tenant portals, renters are able to submit maintenance requests and make convenient online rent payments. With Utopia Management, both tenants and landlords gain access to secure online portals. Our services offered are all-inclusive, and never contain additional leasing or set-up fees. Over 25 years of history and experience in the market has allowed us to develop and fine-tune numerous strategies for success, which we tailor to meet the investment goals of our clients. Whether residential or commercial, one rental or one hundred, Utopia Management has the knowledge and resources to facilitate the success of your rental and investment goals.

Utopia management maintenance