Rental market snapshot for Lower Peters Canyon, Irvine

Lower Peters Canyon rental market summary

The rental market in Lower Peters Canyon, California is showing signs of growth. In July 2023, there were 96 new listings, a significant increase from the previous month. The median rent in July 2023 was $3,415, a 7.2% increase from June 2023 and a 10.2% increase from July 2022. This indicates that the rental market in Lower Peters Canyon is becoming more competitive, with more people looking to rent and landlords increasing their prices.

The increasing demand for rental properties in Lower Peters Canyon is likely due to the area's desirable location and amenities. Lower Peters Canyon is close to major cities, has excellent schools, and offers plenty of recreational activities. With the increasing demand for rental properties, landlords are able to increase their prices and make more money. This trend is likely to continue in the coming months, as more people look to rent in Lower Peters Canyon.

Median rent for all residential properties in Lower Peters Canyon

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The most expensive listings and top trending buildings in Lower Peters Canyon

Most Expensive Listings

AddressRent PriceBed / Bath
5 La Canada$10,5004 / 2.5
107 Waterman$6,6003 / 2.0
10 Amoret Dr$4,5004 / 2.5
100 Monte Vista$4,2753 / 2.0
100 Monte Vista$4,2103 / 2.0

Top Trending Buildings

building nameavg rent price
TICAC$2,957

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Bedroom Breakdown in Lower Peters Canyon

1 Bedroom
$2,952
MEDIAN RENT
2 Bedroom
$3,508
MEDIAN RENT

Lower Peters Canyon neighborhood apartments rents

Uh-oh! Looks like we don't have any data in Lower Peters Canyon, California, for studios.

The rental market for 1-bedroom apartments in Lower Peters Canyon, California is relatively stable. In July 2023, there were 18 new 1-bedroom listings, and the median rent for 1-bedroom apartments was $2,952, only a .3% decrease from the median rent in June 2023. This indicates that the rental market is not experiencing any significant changes in the short-term.

The rental market for 2-bedroom apartments in Lower Peters Canyon, California is showing signs of growth. In July 2023, there were 24 new 2-bedroom listings, a 4.5% increase in median rent from June 2023 to July 2023, and a median rent of $3,508. This indicates that the rental market is becoming more competitive and that demand for 2-bedroom apartments is increasing.

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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 Lower Peters Canyon is $3,415.
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