Rental market snapshot for Mid Wilshire, Los Angeles

Mid Wilshire rental market summary

The rental market in Mid Wilshire, California is showing signs of stability. In July 2023, there were 1,458 new listings, indicating that the market is still active. The median rent in July 2023 was $2,524, which is a 4.4% decrease from June 2023 and a 3.3% decrease from July 2022. This suggests that the market is slowly becoming more affordable for renters.

Overall, the rental market in Mid Wilshire appears to be healthy and stable. The number of new listings is still high, and the median rent is slowly decreasing, indicating that the market is becoming more affordable. This is good news for renters in the area, as they can expect to find more affordable rental options in the near future.

Median rent for all residential properties in Mid Wilshire

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The most expensive listings and top trending buildings in Mid Wilshire

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Bedroom Breakdown in Mid Wilshire

Studio
$1,875
MEDIAN RENT
1 Bedroom
$2,625
MEDIAN RENT
2 Bedroom
$3,546
MEDIAN RENT

Mid Wilshire neighborhood apartments rents

The rental market for studios in Mid Wilshire, California in July 2023 is stable, with 86 new listings and a median rent of $1,875, the same as the median rent in June 2023. This indicates that the rental market for studios in Mid Wilshire is not experiencing any significant changes in terms of rent prices.

The rental market for 1-bedroom apartments in Mid Wilshire, California in July 2023 saw 172 new listings, with the median rent remaining unchanged from the previous month at $2,626. This indicates that the rental market in Mid Wilshire is relatively stable, with no significant changes in rent prices from month to month.

The rental market for 2-bedroom apartments in Mid Wilshire, California is relatively stable. In July 2023, there were 128 new 2-bedroom listings, with a median rent of $3,546. This is only a 0.8% increase from the median rent in June 2023, which was $3,520. This indicates that the rental market in Mid Wilshire is not experiencing any significant changes in terms of pricing.

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 Mid Wilshire is $2,524.
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