Rental market snapshot for Boyle Heights, Los Angeles
Boyle Heights rental market summary
The rental market in Boyle Heights, California is showing signs of growth. In July of 2023, there were 81 new listings, a significant increase from the previous month. The median rent for the area has also increased, with a 17.8% jump from June to July of 2023. This is a larger increase than the 11.7% jump from July of 2022 to July of 2023. This indicates that the rental market in Boyle Heights is continuing to grow and become more competitive.
The increasing number of listings and rising median rent prices are both signs of a healthy rental market in Boyle Heights. With more people looking to rent in the area, landlords are able to charge higher prices for their properties. This is a positive sign for the local economy, as it indicates that the area is becoming more desirable and attractive to potential renters. It is likely that the rental market in Boyle Heights will continue to grow in the coming months and years.
Median rent for all residential properties in Boyle Heights
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The most expensive listings and top trending buildings in Boyle Heights
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
2520 1/2 Boulder St | $4,400 | 4 / 4.0 |
2728 Oregon St | $4,000 | 5 / 5.0 |
607 N Breed St | $3,800 | 4 / 2.0 |
2112 E 2nd St | $3,550 | 3 / 2.5 |
514 Sloat St | $3,445 | 3 / 2.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
FPI Management | $2,221 |
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Bedroom Breakdown in Boyle Heights
Boyle Heights neighborhood apartments rents
The rental market for studios in Boyle Heights, California is showing signs of growth. In May 2023, there was only one new studio listing, but the median rent for studios increased by 26.1% from April 2023 to May 2023, from $1,051 to $1,325. This suggests that demand for studio apartments in Boyle Heights is increasing, and that the rental market is becoming more competitive.
The rental market for 1-bedroom apartments in Boyle Heights, California is relatively stable. In June 2023, there was only one new listing, and the median rent only increased by .5% from April 2023 to June 2023, from $2,210 to $2,221. This indicates that the rental market is not experiencing any significant changes in the near future.
The rental market for 2-bedroom apartments in Boyle Heights, California in July 2023 is relatively stable. There was only one new listing in July, and the median rent remained the same as it was in June at $2,792. This indicates that the rental market is not experiencing any significant changes in terms of pricing or availability.