By Emmet Pierce
STAFF WRITER

October 16, 2008

While home prices continue to fall, the cost of renting an apartment remains stable in San Diego County, according to a new survey by the research firm RealFacts Inc.

The average monthly cost of renting within complexes of 100 or more units increased less than 1 percent in the third quarter to $1,405, according to a RealFacts report that comes out today. The rental cost rose a little more than 3 percent from the third quarter of 2007.

The average third-quarter occupancy rate in the county was 95.8 percent, up slightly from the 95.5 percent of last quarter. Measured from the third quarter of 2007, occupancy was up 0.1 percent.

Read More: http://www.signonsandiego.com/uniontrib/20081016/news_1b16rent.html