Rental market snapshot for Belmont Shore, Long Beach

Belmont Shore rental market summary

The rental market in Belmont Shore, California is showing signs of growth. In July 2023, there were 41 new listings, which is an 8.7% increase from the previous month. This is a positive sign for the rental market in Belmont Shore, as it indicates that more people are looking to rent in the area. The median rent in July 2023 was $2,495, which is 7.4% higher than the median rent in July 2022. This suggests that the rental market in Belmont Shore is becoming more competitive, as more people are looking to rent in the area and prices are increasing.

Overall, the rental market in Belmont Shore is showing signs of growth. With more people looking to rent in the area and prices increasing, it is becoming a more competitive market. This is good news for landlords and renters alike, as it indicates that the rental market in Belmont Shore is becoming more stable and attractive.

Median rent for all residential properties in Belmont Shore

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The most expensive listings and top trending buildings in Belmont Shore

Most Expensive Listings

AddressRent PriceBed / Bath
225 La Verne Ave$4,9003 / 2.0
5200 E 1st St$3,2502 / 1.0
5301 E The Toledo$3,0001 / 1.0
11 S Termino Ave$2,9952 / 2.0
5225 E Ocean Blvd$2,9001 / 1.0

Top Trending Buildings

building nameavg rent price
Zillow$2,423

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Bedroom Breakdown in Belmont Shore

Studio
$1,600
MEDIAN RENT
1 Bedroom
$1,995
MEDIAN RENT
2 Bedroom
$4,500
MEDIAN RENT

Belmont Shore neighborhood apartments rents

The rental market for studios in Belmont Shore, California is showing signs of a slight decrease in May 2023. There was only one new studio listing in May 2023, and the median rent for studios decreased by 10.9% from April 2023 to May 2023, from $1,795 to $1,600. This could indicate that the rental market is cooling off, and renters may be able to find more affordable options in the area.

The rental market for 1-bedroom apartments in Belmont Shore, California is showing signs of growth. In April 2023, there were 7 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in April 2023 was $1,995, a decrease of 20.0% from the median rent in March 2023 of $2,495. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants.

The rental market for 2-bedroom apartments in Belmont Shore, California is showing signs of growth. In May 2023, there was only one new 2-bedroom listing, but the median rent for 2-bedroom apartments increased by 41.7% from April 2023 to May 2023, from $3,175 to $4,500. This suggests that demand for 2-bedroom apartments is increasing, and that the rental market is becoming more competitive.

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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 Belmont Shore is $2,495.
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