Rental market snapshot for Playa Del Rey, Los Angeles

Playa Del Rey rental market summary

The rental market in Playa Del Rey, California is showing signs of growth. In July 2023, there were 40 new listings, a significant increase from the previous month. The median rent in July 2023 was $2,844, a 4.5% decrease from the previous month and a 14.3% decrease from the same time last year. This suggests that the rental market in Playa Del Rey is becoming more affordable.

Overall, the rental market in Playa Del Rey is becoming more competitive, with more listings and lower prices. This could be a great opportunity for renters looking for a new home in the area. With more options and lower prices, renters can find the perfect place to call home.

Median rent for all residential properties in Playa Del Rey

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The most expensive listings and top trending buildings in Playa Del Rey

Most Expensive Listings

AddressRent PriceBed / Bath
7417 Coastal View Dr$15,7504 / 4.0
8601 Lincoln Blvd$4,2412 / 2.0
8601 Lincoln Blvd$4,1962 / 2.0
8601 Lincoln Blvd$4,1292 / 2.0
8601 Lincoln Blvd$4,0342 / 2.0

Top Trending Buildings

building nameavg rent price
Decron Properties$2,766

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Bedroom Breakdown in Playa Del Rey

Studio
$2,787
MEDIAN RENT
1 Bedroom
$2,746
MEDIAN RENT
2 Bedroom
$4,034
MEDIAN RENT

Playa Del Rey neighborhood apartments rents

The rental market for studios in Playa Del Rey, California is showing signs of growth. In July 2023, there were 3 new studio listings, and the median rent increased by 5.4% from June 2023 to July 2023, from $2,644 to $2,787. This suggests that the demand for studio rentals in Playa Del Rey is increasing, and that the rental market is becoming more competitive.

The rental market for 1-bedroom apartments in Playa Del Rey, California is showing signs of growth. In July 2023, there were 8 new 1-bedroom listings, which is a significant increase from the previous month. The median rent for 1-bedroom apartments in July 2023 was $2,746, which is a 16.4% decrease from the median rent in June 2023. This suggests that the rental market is becoming more affordable for renters in Playa Del Rey.

The rental market for 2-bedroom apartments in Playa Del Rey, California is showing signs of stability. In July 2023, there were 7 new 2-bedroom listings, and the median rent for 2-bedroom apartments decreased by 2.2% from June 2023 to July 2023, from $4,125 to $4,034. This suggests that the rental market is not experiencing any drastic changes, and that the prices of 2-bedroom apartments are staying relatively consistent.

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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 Playa Del Rey is $2,844.
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