Rental market snapshot for Northwood Point, Irvine

Northwood Point rental market summary

The rental market in Northwood Point, California is showing signs of growth. In the month of July 2023, there were 24 new listings, indicating an increase in rental activity. The median rent for the month of July 2023 was $5,600, which is 6.7% higher than the median rent in June 2023. This is a sign of increasing demand for rental properties in the area. Additionally, the median rent in July 2023 was 12.0% higher than the median rent in July 2022, indicating a steady increase in rental prices over the past year.

Overall, the rental market in Northwood Point, California is showing signs of growth and increasing demand. With more new listings and higher median rents, it is likely that the rental market in the area will continue to grow in the coming months.

Median rent for all residential properties in Northwood Point

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The most expensive listings and top trending buildings in Northwood Point

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Bedroom Breakdown in Northwood Point

1 Bedroom
$2,670
MEDIAN RENT
2 Bedroom
$3,400
MEDIAN RENT

Northwood Point neighborhood apartments rents

Uh-oh! Looks like we don't have any data in Northwood Point, California, for studios.

The rental market for 1-bedroom apartments in Northwood Point, California is expected to remain relatively stable in July 2022, with only one new listing. The median rent for 1-bedroom apartments is estimated to be $2,670, which is unchanged from the previous month. With limited new listings and no change in rent, the rental market for 1-bedroom apartments in Northwood Point is likely to remain steady in the near future.

The rental market for 2-bedroom apartments in Northwood Point, California appears to be relatively stable, with only one new listing in April 2023 and a median rent of $3,400. Unfortunately, no data is available for the median rent in March 2023, so it is not possible to determine the percent change in rent from March to April. Overall, it appears that the rental market for 2-bedroom apartments in Northwood Point is relatively stable.

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 Northwood Point is $5,600.
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