From my information involving 6604 units in the San Marcos area average rents are basically flat year over year with it actually being just slightly down year over year. Of course these are mostly the bigger complexes with better information so maybe the they are slightly ahead of the craigslist people. There are a couple big developments coming later later this year that’s going to add about 700 units to the San Marcos area. The increase in supply should keep rent increases down somewhat in that market.
