Rental market snapshot for Northwood, Irvine
Northwood rental market summary
The rental market in Northwood, California is showing signs of growth. In July of 2023, there were 40 new listings, a significant increase from the previous month. This suggests that more people are looking to rent in the area. The median rent in July 2023 was $3,200, a 15.8% increase from the previous month and a 4.2% increase from the same time last year. This indicates that rental prices are on the rise, likely due to increased demand.
Overall, the rental market in Northwood, California appears to be growing. With more listings and increasing rental prices, it is likely that the area will continue to attract renters in the coming months. This could be beneficial for both landlords and tenants, as landlords may be able to charge higher rents and tenants may have more options to choose from.
Median rent for all residential properties in Northwood
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The most expensive listings and top trending buildings in Northwood
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
397 Sawbuck | $6,800 | 3 / 2.5 |
67 Monticello | $5,800 | 5 / 3.5 |
2 Christamon W | $5,300 | 4 / 2.5 |
28 Miners Trl | $5,200 | 4 / 3.5 |
7 Cornwallis | $4,600 | 4 / 2.5 |
Top Trending Buildings
building name | avg rent price |
---|---|
TICAC | $2,523 |
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Bedroom Breakdown in Northwood
Northwood neighborhood apartments rents
The rental market for studios in Northwood, California appears to be relatively stable, with only one new listing in February 2023 and a median rent of $1,900. This suggests that the demand for studios in the area is relatively consistent, and that the market is not experiencing any significant changes in rent prices. Unfortunately, due to the lack of data for January 2023, it is not possible to determine the exact percent change in rent from January to February.
The rental market for 1-bedroom apartments in Northwood, California appears to be stable, with only two new listings in July 2023. The median rent for 1-bedroom apartments in July 2023 was $2,522, indicating that the rental market is not experiencing any significant changes. Unfortunately, no data is available for June 2023, so it is not possible to determine the percent change in rent from June to July. Overall, the rental market for 1-bedroom apartments in Northwood appears to be stable.
The rental market for 2-bedroom apartments in Northwood, California is showing signs of stability. In July 2023, there were 8 new 2-bedroom listings, and the median rent for 2-bedroom apartments was $2,985, a 1.6% decrease from the median rent in June 2023. This suggests that the rental market is not experiencing any significant changes in pricing, and that the market is likely to remain stable in the near future.