Rental market snapshot for Woodbridge, Irvine

Woodbridge rental market summary

The rental market in Woodbridge, California is showing signs of growth. In July of 2023, there were 55 new listings, a significant increase from the previous month. The median rent in July of 2023 was $3,250, an 8.4% increase from the previous month and a 5.0% increase from the same time last year. This indicates that the rental market in Woodbridge is on the rise, with more people looking to rent in the area and landlords able to charge higher prices.

The increasing demand for rental properties in Woodbridge is likely due to the area's close proximity to major cities like Los Angeles and San Diego. With its convenient location and growing economy, Woodbridge is becoming an attractive option for renters looking for a more affordable alternative to the high cost of living in major cities. With more people looking to rent in the area, landlords are able to charge higher prices and the rental market is likely to continue to grow in the coming months.

Median rent for all residential properties in Woodbridge

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The most expensive listings and top trending buildings in Woodbridge

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Bedroom Breakdown in Woodbridge

1 Bedroom
$2,605
MEDIAN RENT
2 Bedroom
$3,065
MEDIAN RENT

Woodbridge neighborhood apartments rents

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

The rental market for 1-bedroom apartments in Woodbridge, California is showing signs of growth. In July 2023, there were 3 new 1-bedroom listings, indicating an increase in demand for these types of apartments. The median rent for 1-bedroom apartments in July 2023 was $2,605, a 2.6% increase from the median rent in June 2023. This suggests that the rental market for 1-bedroom apartments in Woodbridge is becoming more competitive, and renters should expect to pay more for these types of apartments in the near future.

The rental market for 2-bedroom apartments in Woodbridge, California is showing a slight increase in July 2023. There were 8 new listings in July, and the median rent for 2-bedroom apartments increased by .7% from June to July, from $3,043 to $3,065. This indicates that the rental market is slowly improving, and that there is a steady demand for 2-bedroom apartments in the area.

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 Woodbridge is $3,250.
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