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35.0% <br />N <br />30.0% <br />m 25.0% <br />.Q <br />v 20.0% <br />0 15.0% <br />d <br />3 10.0% <br />c 5.0% <br />y 0.0% <br />L Pleasanton Alameda County <br />m <br />a <br />■ Units Valued Less than $250k Units Valued $250k -$500k <br />Units Valued $750k -$1M ■ Units Valued $1M -$1.5M <br />Units Valued $2M+ <br />Figure A-41: Home Values of Owner -Occupied Units <br />77A? ' <br />Bay Area <br />■ Units Valued $500k -$750k <br />■ Units Valued $1M -$2M <br />Notes: <br />Universe: Owner -occupied units <br />Source: ABAG 2021 Pre -certified Housing Needs Data (U.S. Census Bureau, American Community Survey 5 -Year Data <br />(2015-2019), Table B25075) <br />A.5.2 Rental Costs <br />Similar to home values, rents have also increased dramatically across the Bay Area in recent <br />years. Many renters have been priced out, evicted or displaced, particularly communities of color. <br />Residents finding themselves in one of these situations may have had to choose between <br />commuting long distances to their jobs and schools or moving out of the region, and sometimes, <br />out of the state. <br />It is more expensive to rent a home in Pleasanton than it is in Alameda County and the Bay Area. <br />Based on U.S. Census data, which often lags market valuations, the largest proportion of rental <br />units in Pleasanton rented in the $2,000-$2,500 per month category, totaling 28.0 percent, <br />followed by 21.7 percent of units renting in the $2,500-$3,000 per month category (see Figure A- <br />42). Looking beyond the city, the largest share of units is in the $1,500-$2,000 per month category. <br />Housing Needs Assessment City of Pleasanton I A-49 <br />