Rents fell in the fourth quarter in the 149,204-unit Oakland-East Bay apartment market; but they still posted solid gains for 2016, and the vacancy rate increased. It was 3.2% during the fourth quarter, up 20 basis points for the quarter alone and 30 during the year. The vacancy rate edged up 10 basis points in January 2017. In 2016, rent increases slowed to a gain of 3.9% asking, to $2,112 per month, and 3.7% effective, to $2,025 per month. And in the fourth quarter, rents fell by 0.7% and 0.9%, respectively. In January 2017, overall rents edged up 0.2% by both measures.