Rental market snapshot for El Camino Real, Irvine

El Camino Real rental market summary

The rental market in El Camino Real, California is showing positive signs of growth. In July 2023, there were 22 new listings, a sign that the rental market is expanding. The median rent in July 2023 was $3,650, an 11.3% increase from June 2023 and a 30.8% increase from July 2022. This indicates that the rental market is growing at a steady rate.

Overall, the rental market in El Camino Real, California is in a healthy state. The number of new listings and the median rent are both increasing, which suggests that the rental market is growing. This is good news for both landlords and tenants, as it means that there are more rental options available and that rents are becoming more affordable.

Median rent for all residential properties in El Camino Real

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The most expensive listings and top trending buildings in El Camino Real

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Bedroom Breakdown in El Camino Real

Studio
$2,260
MEDIAN RENT
1 Bedroom
$2,340
MEDIAN RENT
2 Bedroom
$2,755
MEDIAN RENT

El Camino Real neighborhood apartments rents

The rental market for studios in El Camino Real, California in July 2023 is relatively stable, with only one new listing and no change in median rent from June 2023. The median rent for studios in July 2023 is $2,260, which is the same as the median rent in June 2023. This indicates that the rental market for studios in El Camino Real is not experiencing any significant changes in terms of pricing or availability.

The rental market for 1-bedroom apartments in El Camino Real, California in July 2023 is relatively stable. There was only one new listing in July, and the median rent remained the same as it was in June at $2,340. This indicates that the rental market is not experiencing any significant changes in terms of pricing or availability.

The rental market for 2-bedroom apartments in El Camino Real, California is relatively stable. In July 2023, there was only one new listing, and the median rent for 2-bedroom apartments was $2,755, which is a 3.2% decrease from the median rent in June 2023. This suggests that the rental market is not experiencing any significant changes in the short-term.

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 El Camino Real is $3,650.
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