Rental market snapshot for City Center, Glendale
City Center rental market summary
The rental market in City Center, California is showing signs of growth. In July 2023, there were 143 new listings, a significant increase from the previous month. The median rent for the area also increased from $2,860 in June 2023 to $3,000 in July 2023, representing an increase of 4.9%. This is a marked improvement from the median rent of $3,500 in July 2022, which is a 14.3% increase.
Overall, the rental market in City Center, California is showing positive signs of growth. With more new listings and an increase in median rent, the area is becoming an attractive option for renters. With the continued growth of the rental market, City Center is likely to become an even more desirable location for renters in the future.
Median rent for all residential properties in City Center
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The most expensive listings and top trending buildings in City Center
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 889 Americana Way | $5,400 | 2 / 2.0 |
| 120 W Wilson Ave | $5,397 | 3 / 2.0 |
| 321 N Orange St | $5,306 | 2 / 2.0 |
| 321 N Orange St | $5,238 | 2 / 2.0 |
| 321 N Orange St | $5,218 | 2 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Caruso Affiliated | $3,800 |
| AMLI Residential | $3,103 |
| Holland Partner Group | $2,962 |
| Catalyst Housing Group | $2,943 |
| 416 on Broadway | $2,858 |
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Bedroom Breakdown in City Center
City Center neighborhood apartments rents
The rental market for studios in City Center, California is showing signs of growth. In July 2023, there were 8 new studio listings, representing an increase in the number of available rental units. The median rent for studios in July 2023 was $2,636, which is a 5.6% decrease from the median rent in June 2023 of $2,794. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for studios in City Center appears to be on the rise.
The rental market for 1-bedroom apartments in City Center, California is showing signs of growth. In July 2023, there were 26 new 1-bedroom listings, a 5.1% increase in median rent from June 2023 to July 2023, and a median rent of $2,950. This indicates that demand for 1-bedroom apartments in City Center is increasing, and that the rental market is becoming more competitive.
The rental market for 2-bedroom apartments in City Center, California is showing signs of growth. In July 2023, there were 17 new 2-bedroom listings, which is a 4.4% increase from the median rent in June 2023. The median rent for 2-bedroom apartments in July 2023 was $3,715, which is a slight decrease from the median rent in June 2023. This indicates that the rental market for 2-bedroom apartments in City Center is becoming more competitive, with more options available for renters.