Rental market snapshot for Leimert Park, Los Angeles

Leimert Park rental market summary

The rental market in Leimert Park, California is showing signs of growth. On July 31, 2023, there were 41 new listings, indicating an increase in rental activity in the area. The median rent for the same period was $2,877, which is unchanged from the previous month. However, when compared to the same period in 2022, the median rent has decreased by 20.1%, indicating that the rental market in Leimert Park is becoming more affordable.

Overall, the rental market in Leimert Park is showing signs of growth and affordability. With more new listings and a decrease in median rent, it is becoming an attractive option for renters looking for a place to call home. With the current market trends, it is likely that the rental market in Leimert Park will continue to improve in the coming months.

Median rent for all residential properties in Leimert Park

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

The most expensive listings and top trending buildings in Leimert Park

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

Bedroom Breakdown in Leimert Park

Studio
$1,595
MEDIAN RENT
1 Bedroom
$2,020
MEDIAN RENT
2 Bedroom
$2,400
MEDIAN RENT

Leimert Park neighborhood apartments rents

The rental market for studios in Leimert Park, California in July 2023 is relatively stable, with only one new studio listing and no change in median rent from June to July. The median rent for studios in July 2023 is $1,595, which is consistent with the median rent in June 2023. This suggests that the rental market for studios in Leimert Park is relatively stable and not subject to significant fluctuations in rent prices.

The rental market for 1-bedroom apartments in Leimert Park, California appears to be stable, with only one new listing in April 2023 and a median rent of $2,020. Unfortunately, no data is available for the median rent in March 2023, so it is not possible to determine the percent change in rent from March to April. Overall, the rental market for 1-bedroom apartments in Leimert Park appears to be steady.

The rental market for 2-bedroom apartments in Leimert Park, California, saw a slight decrease in rent from February to March 2023. In March 2023, there were 2 new 2-bedroom listings, with a median rent of $2,400. This was a 1.4% decrease from the median rent of $2,435 in February 2023. This suggests that the rental market for 2-bedroom apartments in Leimert Park is relatively stable, with only a small decrease in rent from month to month.

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 Leimert Park is $2,877.
Made withDataherald