Rental market snapshot for East Side, Long Beach
East Side rental market summary
The rental market in East Side, California is showing signs of growth. In July of 2023, there were 139 new listings, representing a 9.1% increase in the median rent from the previous month. This is a significant increase from the median rent in July of 2022, which was $2,200, and represents a 9.3% increase in rent. This indicates that the rental market in East Side is becoming increasingly competitive, with more people looking to rent in the area.
The increasing demand for rental properties in East Side is likely due to the area's attractive amenities and close proximity to major cities. With its close proximity to Los Angeles and San Diego, East Side offers a great balance between urban and suburban living. Additionally, the area is known for its excellent schools, parks, and other recreational activities. With all of these factors in mind, it's no surprise that the rental market in East Side is growing.
Median rent for all residential properties in East Side
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The most expensive listings and top trending buildings in East Side
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 362 N Termino Ave | $5,250 | 3 / 2.0 |
| 627 Temple Ave | $4,900 | 4 / 4.0 |
| 4610 E 4th St | $3,900 | 3 / 2.0 |
| 324 Obispo Ave | $3,600 | 3 / 1.5 |
| 1112 Stanley Ave | $3,500 | 4 / 3.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| LBCrental.com | $1,895 |
| Brockman Properties Corporation | $1,800 |
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Bedroom Breakdown in East Side
East Side neighborhood apartments rents
The rental market for studios in East Side, California is showing signs of growth. In June 2023, there were two new studio listings, indicating an increase in demand for rental units. The median rent for studios in June 2023 was $1,625, a 5.7% increase from the median rent in April 2023 of $1,538. This suggests that the rental market for studios in East Side is becoming more competitive, with landlords able to increase their asking prices.
The rental market for 1-bedroom apartments in East Side, California is showing signs of stability. In July 2023, there were 3 new 1-bedroom listings, and the median rent for 1-bedroom apartments remained relatively unchanged from June 2023, with a 1.4% decrease. This suggests that the rental market is not experiencing any major fluctuations, and that the prices of 1-bedroom apartments in East Side are likely to remain steady in the near future.
The rental market for 2-bedroom apartments in East Side, California is showing signs of growth. In July 2023, there was only one new 2-bedroom listing, but the median rent for 2-bedroom apartments increased by 4.0% from June 2023 to July 2023, from $2,350 to $2,445. This suggests that demand for 2-bedroom apartments is increasing, and that the rental market is likely to continue to grow in the coming months.