Rental market snapshot for Belmont Heights, Long Beach
Belmont Heights rental market summary
The rental market in Belmont Heights, California is showing signs of growth. In July 2023, there were 41 new listings, a significant increase from the previous month. The median rent in July 2023 was $2,350, a slight increase of .2% from the previous month. However, when compared to the same month in 2022, the median rent has increased by 5.8%. This suggests that the rental market in Belmont Heights is becoming more competitive and that prices are rising.
Overall, the rental market in Belmont Heights is looking positive. With more new listings and an increase in median rent, it is likely that the rental market will continue to grow in the coming months. This could be beneficial for both landlords and tenants, as landlords can expect to receive higher rents and tenants can expect to find more competitive rental prices.
Median rent for all residential properties in Belmont Heights
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The most expensive listings and top trending buildings in Belmont Heights
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
3214 E 2nd St | $9,995 | 4 / 3.5 |
265 Saint Joseph Ave | $7,900 | 4 / 3.0 |
2520 E 1st St | $4,200 | 3 / 2.0 |
2544 E 3rd St | $3,995 | 2 / 2.0 |
3914 E 2nd St | $3,795 | 2 / 1.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Property Management Associates | $1,725 |
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Bedroom Breakdown in Belmont Heights
Belmont Heights neighborhood apartments rents
The rental market for studios in Belmont Heights, California appears to be relatively stable, with only one new studio listing in July 2023 and a median rent of $1,500. 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 studios in Belmont Heights appears to be relatively steady.
The rental market for 1-bedroom apartments in Belmont Heights, California, remained relatively stable in July 2023, with only one new listing and no change in median rent from the previous month. The median rent for a 1-bedroom apartment in July 2023 was $1,725, the same as it was in June 2023. This indicates that the rental market in Belmont Heights is relatively stable and that there is no significant change in rental prices from month to month.
The rental market for 2-bedroom apartments in Belmont Heights, California is showing signs of stability. In July 2023, there were 6 new 2-bedroom listings, and the median rent for 2-bedroom apartments was $2,288, 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.