Rental market snapshot for Bel Air, Los Angeles
Bel Air rental market summary
The rental market in Bel Air, California is showing signs of growth. In July of 2023, there were 25 new listings, a 16.2% increase from the previous month. This is a significant jump in the number of listings, indicating that the rental market in Bel Air is becoming more competitive. Additionally, the median rent in July 2023 was $8,300, a 42.8% increase from the same time the previous year. This is a clear indication that the rental market in Bel Air is on the rise.
Overall, the rental market in Bel Air is looking positive. With an increase in new listings and a significant jump in median rent, it is clear that the rental market in Bel Air is growing. This is great news for potential renters, as it means that there are more options available and that prices are becoming more competitive. With the rental market in Bel Air continuing to grow, it is likely that the area will become even more attractive to renters in the future.
Median rent for all residential properties in Bel Air
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The most expensive listings and top trending buildings in Bel Air
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 1049 Chantilly Rd | $14,500 | 3 / 3.0 |
| 11734 Folkstone Ln | $11,995 | 4 / 3.5 |
| 1543 N Beverly Glen Blvd | $9,000 | 2 / 1.5 |
| 15552 Hamner Dr | $8,500 | 5 / 4.0 |
| 1212 Roberto Ln | $8,300 | 3 / 3.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Zillow | $1,950 |
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Bedroom Breakdown in Bel Air
Bel Air neighborhood apartments rents
The rental market for studios in Bel Air, California is showing a slight decrease in rent from December 2022 to January 2023. There is only one new studio listing in January 2023, and the median rent for studios is $2,795, which is a 3.5% decrease from the median rent of $2,895 in December 2022. This suggests that the rental market for studios in Bel Air is relatively stable, with only a small decrease in rent.
The rental market for 1-bedroom apartments in Bel Air, California appears to be stable, with only one new listing in May 2023 and a median rent of $1,950. Unfortunately, no data is available for March 2023, so it is not possible to determine the percent change in rent from that month. Overall, the rental market for 1-bedroom apartments in Bel Air appears to be steady.
The rental market for 2-bedroom apartments in Bel Air, California appears to be relatively stable, with only one new listing in July 2023 and a median rent of $4,750. Unfortunately, no data is available for June 2023, so it is impossible to determine the percent change in rent from that month. Overall, it appears that the rental market for 2-bedroom apartments in Bel Air is relatively steady.