Rental market snapshot for Verdugo Viejo, Glendale
Verdugo Viejo rental market summary
The rental market in Verdugo Viejo, California is showing signs of growth. In July 2023, there were 27 new listings, a 10.9% increase from the previous month. This suggests that the rental market is becoming more competitive as more people are looking for housing in the area. The median rent in July 2023 was $3,500, a 1.7% increase from the same time last year. This indicates that rental prices are slowly increasing in the area, likely due to the increased demand for housing.
Overall, the rental market in Verdugo Viejo, California is showing signs of growth. The number of new listings is increasing, and the median rent is slowly increasing as well. This suggests that the rental market is becoming more competitive, and that rental prices are likely to continue to rise in the future.
Median rent for all residential properties in Verdugo Viejo
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The most expensive listings and top trending buildings in Verdugo Viejo
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
341 Cumberland Rd | $6,900 | 4 / 2.0 |
1001 Melrose Ave | $5,000 | 4 / 3.0 |
450 W Dryden St | $3,895 | 2 / 2.0 |
1137 N Central Ave | $3,695 | 2 / 2.5 |
1029 Melrose Ave | $3,650 | 2 / 2.0 |
Top Trending Buildings
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Bedroom Breakdown in Verdugo Viejo
Verdugo Viejo neighborhood apartments rents
The rental market for studios in Verdugo Viejo, California appears to be stable, with only one new studio listing in June 2023 and a median rent of $1,800. This suggests that the demand for studios in the area is relatively consistent, and that the rental market is not experiencing any significant changes.
The rental market for 1-bedroom apartments in Verdugo Viejo, California is relatively stable. In June 2023, there were 4 new 1-bedroom listings, and the median rent for 1-bedroom apartments was $2,830, a slight increase of .2% from the median rent in May 2023. This indicates that the rental market is not experiencing any significant changes in the short-term, and that the rental prices for 1-bedroom apartments in Verdugo Viejo are likely to remain steady in the near future.
The rental market for 2-bedroom apartments in Verdugo Viejo, California is relatively stable. In July 2023, there were 3 new 2-bedroom listings, and the median rent for 2-bedroom apartments was $3,620, a slight increase of .7% from the median rent in June 2023. This indicates that the rental market for 2-bedroom apartments in Verdugo Viejo is not experiencing any significant changes in pricing or availability.