Rental market snapshot for Oak Creek, Irvine
Oak Creek rental market summary
The rental market in Oak Creek, California is showing signs of growth. In July 2023, there were 51 new listings, a significant increase from the previous month. The median rent also increased from $3,300 in June 2023 to $3,410 in July 2023, representing a 3.3% increase. This is a larger increase than the 4.1% increase from July 2022 to July 2023. This suggests that the rental market in Oak Creek is continuing to grow and that rental prices are increasing.
Overall, the rental market in Oak Creek is looking positive. With more new listings and increasing rental prices, it is a good time for renters to consider the area. With the market continuing to grow, it is likely that rental prices will continue to increase in the coming months.
Median rent for all residential properties in Oak Creek
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The most expensive listings and top trending buildings in Oak Creek
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
100 Shadow Oaks | $5,050 | 3 / 2.5 |
100 Shadow Oaks | $4,330 | 2 / 2.5 |
700 Sonoma Aisle | $4,320 | 3 / 2.0 |
100 Saint Vincent | $4,245 | 3 / 2.0 |
100 Shadow Oaks | $4,195 | 2 / 2.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
TICAC | $2,703 |
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Bedroom Breakdown in Oak Creek
Oak Creek neighborhood apartments rents
Uh-oh! Looks like we don't have any data in Oak Creek, California, for studios.
The rental market for 1-bedroom apartments in Oak Creek, California is showing signs of growth. In July 2023, there were 6 new 1-bedroom listings, representing an increase in the available rental options. The median rent for 1-bedroom apartments in July 2023 was $2,718, a 4.8% increase from the median rent in June 2023 of $2,592. This suggests that the rental market is becoming more competitive, with landlords able to increase their prices due to the increased demand.
The rental market for 2-bedroom apartments in Oak Creek, California is showing signs of stability. In July 2023, there were 13 new listings, and the median rent for 2-bedroom apartments remained relatively unchanged from June 2023, increasing by only 1.0%. This suggests that the rental market is not experiencing any significant fluctuations, and that the demand for 2-bedroom apartments is steady.