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Rent Review Program Evaluation - 3 - <br /> <br />2011 $1,123 3.4% 2.6% <br />2012 $1,189 5.9% 3.0% <br />2013 $1,216 2.3% 2.6% <br />2014* $1,366 12.3% 2.1% <br /> *2nd Quarter of 2014 <br /> Source: RealFacts <br /> <br />Table 4 below reflects the average rent for each bedroom size in San Leandro during second <br />quarter (April through June) of 2014. In comparison to the average rent levels for the entire <br />2013 calendar year, the rents increased for studios, 1bedroom/1bath, and 2bedroom/1bath and <br />2bedroom/2baths units. Average rent comparison for 3bedroom/2bath is not available. <br /> <br />Table 4: Average Asking Rent in San Leandro <br /> <br />Unit Size 2013 2014* % Change <br />studio $999 $1,033 3.4% <br />1bd 1bth $1,144 $1,229 7.4% <br />2bd 1bth $1,312 $1,374 4.7% <br />2bd 2bth $1,546 $1,619 4.7% <br />3bd 2bth $1,250 unavailable - <br /> *2nd Quarter of 2014 <br /> Source: RealFacts <br /> <br /> <br />Assessing the effectiveness of the Rent Review Program <br /> <br />The current members of the Rent Review Board recommended evaluation of the City's Rent <br />Review Board Ordinance specifically in regards to: <br /> <br />1) Include Ratio Utility Billing System (RUBS) charges as form of a rent increase. RUBS <br />are a recent trend whereby landlords subcontract out utility charges to a third party. <br />When this occurs, utilities are no longer in one's rental charge, and a fee for utilities must <br />be paid to a third party. Because the utility payment is no longer required to be paid by <br />the tenant to the landlord, it is ineligible for consideration as a part of a rent increase. <br /> <br />City staff recommends the issue above be addressed under the current update to the City’s <br />Housing Element. <br /> <br />