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

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Bedroom Breakdown in Belmont Heights

Studio
$1,500
MEDIAN RENT
1 Bedroom
$1,725
MEDIAN RENT
2 Bedroom
$2,288
MEDIAN RENT

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.

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 Belmont Heights is $2,350.
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