Rental market snapshot for Tropico, Glendale

Tropico rental market summary

The rental market in Tropico, California is showing signs of growth. In the month of July 2023, there were 22 new listings, a significant increase from the previous month. The median rent for the month of July 2023 was $2,816, a decrease of 1.7% from the previous month. However, when compared to the same period in 2022, the median rent has increased by 11.2%. This suggests that the rental market in Tropico is becoming increasingly competitive, with more people looking to rent in the area.

Overall, the rental market in Tropico is showing signs of growth. With more people looking to rent in the area, the median rent has increased significantly from the same period in 2022. This suggests that the rental market in Tropico is becoming increasingly competitive, with more people looking to rent in the area. With the number of new listings increasing, it is likely that the rental market in Tropico will continue to grow in the coming months.

Median rent for all residential properties in Tropico

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The most expensive listings and top trending buildings in Tropico

Most Expensive Listings

AddressRent PriceBed / Bath
435 W Los Feliz Rd$4,8192 / 2.0
3900 San Fernando Rd$4,6082 / 2.0
435 W Los Feliz Rd$4,5492 / 2.0
3900 San Fernando Rd$4,2012 / 2.0
435 W Los Feliz Rd$4,1992 / 2.0

Top Trending Buildings

building nameavg rent price
GIG$2,899
Camden$2,898

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Bedroom Breakdown in Tropico

Studio
$2,364
MEDIAN RENT
1 Bedroom
$2,899
MEDIAN RENT
2 Bedroom
$4,549
MEDIAN RENT

Tropico neighborhood apartments rents

The rental market for studios in Tropico, California is showing signs of stability. In July 2023, there were two new studio listings, and the median rent for studios decreased by 3.8% from June 2023 to July 2023, from $2,458 to $2,364. This suggests that the rental market is not experiencing any drastic changes, and that the market is likely to remain steady in the near future.

The rental market for 1-bedroom apartments in Tropico, California is showing signs of growth. In July 2023, there were 3 new 1-bedroom listings, representing a 6.3% increase in median rent from June 2023 to July 2023. The median rent for 1-bedroom apartments in July 2023 was $2,899, indicating that the rental market is becoming more competitive. With the increasing demand for 1-bedroom apartments, it is likely that the rental market in Tropico will continue to grow in the coming months.

The rental market for 2-bedroom apartments in Tropico, California is showing signs of growth. In July 2023, there were 5 new 2-bedroom listings, representing a 7.7% increase in rent from June 2023. The median rent for 2-bedroom apartments in July 2023 was $4,549, which is significantly higher than the median rent of $4,225 in June 2023. This indicates that the rental market for 2-bedroom apartments in Tropico is on the rise and is likely to continue to increase in the coming months.

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in Tropico is $2,816.
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