Rental market snapshot for Northridge, North Shore
Northridge rental market summary
The rental market in Northridge, California is showing signs of growth. In July 2023, there were 303 new listings, indicating an increase in rental activity. The median rent for July 2023 was $2,625, which is 6.9% lower than the median rent in June 2023, but 9.5% higher than the median rent in July 2022. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants.
Overall, the rental market in Northridge is becoming more attractive for tenants, with more listings and lower prices. This could be due to an increase in demand for rental properties, or landlords competing to attract tenants. Either way, it is a positive sign for the rental market in Northridge.
Median rent for all residential properties in Northridge
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The most expensive listings and top trending buildings in Northridge
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
8624 Louise Ave | $16,950 | 5 / 4.0 |
9640 Paso Robles Ave | $10,000 | 6 / 5.0 |
9757 Belmar Ave | $6,500 | 5 / 4.0 |
18931 Mayall St | $5,995 | 5 / 3.0 |
9572 Rhea Ave | $5,595 | 4 / 3.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Shea Properties Management Company Inc. | $2,594 |
Fairfield Residential | $2,555 |
Carlo Inc. | $2,375 |
Moss & Company | $2,222 |
Beverly Hills Properties | $2,150 |
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Bedroom Breakdown in Northridge
Northridge neighborhood apartments rents
The rental market for studios in Northridge, California is relatively stable. In July 2023, there were 12 new studio listings, and the median rent for studios was $1,698, only a .2% increase from the median rent in June 2023, which was $1,695. This indicates that the rental market for studios in Northridge is not experiencing significant fluctuations in rent prices.
The rental market for 1-bedroom apartments in Northridge, California is showing signs of growth in July 2023, with 19 new listings added to the market. The median rent for 1-bedroom apartments in July 2023 is $2,245, which is a 4.7% decrease from the median rent in June 2023 of $2,355. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for 1-bedroom apartments in Northridge is looking positive for July 2023.
The rental market for 2-bedroom apartments in Northridge, California is showing signs of growth. In July 2023, there were 23 new 2-bedroom listings, which is a 4.2% increase from the median rent in June 2023. The median rent for 2-bedroom apartments in July 2023 was $2,780, which is a slight decrease from the median rent in June 2023 of $2,902. This indicates that the rental market for 2-bedroom apartments in Northridge is becoming more competitive, with more options available for renters.
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