Rental market snapshot for Traffic Circle, Long Beach

Traffic Circle rental market summary

The rental market in Traffic Circle, California is showing signs of growth. In July 2023, there were 86 new listings, indicating an increase in the number of rental properties available. The median rent for July 2023 was $2,300, a decrease of .0% from the previous month. However, when compared to the same month in 2022, the median rent had increased by 13.2%, indicating that the rental market is on the rise.

Overall, the rental market in Traffic Circle, California is becoming more competitive, with more rental properties available and an increase in median rent. This is good news for landlords, as it indicates that the rental market is becoming more profitable. However, it is important to note that the increase in median rent is not as significant as it could be, suggesting that the rental market is still in the early stages of growth.

Median rent for all residential properties in Traffic Circle

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The most expensive listings and top trending buildings in Traffic Circle

Most Expensive Listings

AddressRent PriceBed / Bath
3277 Terrace Ridge Ln$4,4003 / 2.5
2545 Quincy Ave$3,9002 / 2.0
1613 Ximeno Ave$3,4992 / 2.0
3801 E Pacific Coast Hwy$3,3982 / 2.0
3500 Hathaway Ave$3,3602 / 2.0

Top Trending Buildings

building nameavg rent price
Beach Front Property Management$2,195

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Bedroom Breakdown in Traffic Circle

Studio
$1,895
MEDIAN RENT
1 Bedroom
$2,195
MEDIAN RENT
2 Bedroom
$2,999
MEDIAN RENT

Traffic Circle neighborhood apartments rents

The rental market for studios in Traffic Circle, California is showing a slight increase in June 2023, with the median rent rising 2.2% from $1,855 in May 2023 to $1,895. There is only one new studio listing in June 2023, indicating that the rental market is relatively stable.

The rental market for 1-bedroom apartments in Traffic Circle, California is showing signs of growth. In July 2023, there was only one new 1-bedroom listing, but the median rent for 1-bedroom apartments decreased by 16.3% from June 2023 to July 2023, from $2,624 to $2,195. This suggests that the rental market is becoming more competitive, with landlords offering lower rents to attract tenants.

The rental market for 2-bedroom apartments in Traffic Circle, California is showing signs of growth. In July 2023, there were 5 new 2-bedroom listings, representing a 13.2% increase in rent from June 2023. The median rent for 2-bedroom apartments in July 2023 was $2,999, indicating that the rental market is on the rise. This is good news for renters looking for a new place to call home in Traffic Circle.

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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 Traffic Circle is $2,300.
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