The one bedroom I got in San Diego in 2016 for $1500 is now $2400. The 400 unit complex has 4 1 bedrooms and 1 studio available. Glad I own.
When I moved to Brentwood (Los Angeles) in the 90s, my rent was 750.00/month. I moved a few times in the same building but the highest was 850.00/month for a 1 bed/1 bath when I left in 2005. The apartments are now going for well over 3K/month.