Rental market snapshot for Grand Lake, Oakland

Grand Lake rental market summary

The rental market in Grand Lake, California is showing signs of growth. In July 2023, there were 35 new listings on the market, a significant increase from the previous month. The median rent for the area has also seen a steady increase, with a 6.3% increase from June to July 2023 and an 8.2% increase from July 2022 to July 2023. This indicates that the rental market in Grand Lake is becoming more competitive and that demand for rental properties is on the rise.

The increasing number of new listings and the steady rise in median rent prices suggest that the rental market in Grand Lake is becoming more attractive to potential tenants. With the growing demand for rental properties, landlords are likely to benefit from higher rental rates and increased occupancy rates. This is good news for both landlords and tenants, as it indicates that the rental market in Grand Lake is becoming more stable and reliable.

Median rent for all residential properties in Grand Lake

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The most expensive listings and top trending buildings in Grand Lake

Most Expensive Listings

AddressRent PriceBed / Bath
270 Santa Rosa Ave$3,4003 / 1.0
3761 Harrison St$3,2502 / 1.5
601 Oakland Ave$2,9252 / 1.0
601 Oakland Ave$2,7622 / 1.0
660 Vernon St$2,4952 / 1.0

Top Trending Buildings

building nameavg rent price
VPOC LLC$2,300
Mosser Companies$2,195

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Bedroom Breakdown in Grand Lake

Studio
$2,195
MEDIAN RENT
1 Bedroom
$2,248
MEDIAN RENT
2 Bedroom
$3,250
MEDIAN RENT

Grand Lake neighborhood apartments rents

The rental market for studios in Grand Lake, California in July 2023 is relatively stable. There was only one new studio listing in July 2023, and the median rent for studios remained the same at $2,195, resulting in a 0% change in rent from June 2023 to July 2023. This indicates that the rental market for studios in Grand Lake is relatively steady and that there is not much fluctuation in the rental prices.

The rental market for 1-bedroom apartments in Grand Lake, California is showing signs of stability. In July 2023, there were two new 1-bedroom listings, and the median rent for 1-bedroom apartments decreased by 2.3% from June 2023 to July 2023, from $2,300 to $2,248. This suggests that the rental market is not experiencing any significant changes in pricing or availability.

The rental market for 2-bedroom apartments in Grand Lake, California is showing signs of growth. In July 2023, there was only one new 2-bedroom listing, but the median rent for 2-bedroom apartments increased by 12.1% from June 2023 to July 2023, from $2,900 to $3,250. This suggests that demand for 2-bedroom apartments is increasing, and that the rental market is likely to continue to grow in the coming months.

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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 Grand Lake is $2,295.
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