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

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Bedroom Breakdown in Northridge

Studio
$1,698
MEDIAN RENT
1 Bedroom
$2,245
MEDIAN RENT
2 Bedroom
$2,780
MEDIAN RENT

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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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 Northridge is $2,625.
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