Rental market snapshot for Spectrum, Irvine

Spectrum rental market summary

The rental market in Spectrum, California is showing signs of growth. In July 2023, there were 76 new listings, a 5.1% increase from the previous month. This indicates that the rental market is becoming more competitive, as more people are looking for housing in the area. The median rent in July 2023 was $3,510, a 1.7% increase from the same time last year. This suggests that the rental market is becoming more expensive, as demand for housing is increasing.

Overall, the rental market in Spectrum, California is showing signs of growth. The number of new listings is increasing, and the median rent is becoming more expensive. This indicates that the rental market is becoming more competitive, as more people are looking for housing in the area. As the rental market continues to grow, it is important for renters to be aware of the changing market conditions and be prepared to pay higher rents.

Median rent for all residential properties in Spectrum

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The most expensive listings and top trending buildings in Spectrum

Most Expensive Listings

AddressRent PriceBed / Bath
197 Augustine$7,5004 / 3.0
75 Gardenstone Path$7,1403 / 2.5
77 Hanging Gdn$6,6003 / 2.5
95 Hanging Gdn$6,6003 / 2.5
68 Honeyflower$6,5004 / 4.0

Top Trending Buildings

building nameavg rent price
TICAC$2,856

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Bedroom Breakdown in Spectrum

1 Bedroom
$2,855
MEDIAN RENT
2 Bedroom
$3,550
MEDIAN RENT

Spectrum neighborhood apartments rents

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

The rental market for 1-bedroom apartments in Spectrum, California is showing signs of growth. In July 2023, there were 12 new 1-bedroom listings, representing a 2.2% increase in median rent from June 2023. The median rent for 1-bedroom apartments in July 2023 was $2,855, which is a significant increase from the median rent of $2,792 in June 2023. This indicates that the rental market for 1-bedroom apartments in Spectrum is on the rise and is likely to continue to increase in the coming months.

The rental market for 2-bedroom apartments in Spectrum, California is showing signs of growth. In July 2023, there were 14 new 2-bedroom listings, a 5.0% increase in median rent from June 2023 to July 2023, and a median rent of $3,550. This indicates that the rental market for 2-bedroom apartments in Spectrum is on the rise, and that renters should expect to pay more for their apartments in the coming months.

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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 Spectrum is $3,510.
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