Rental market snapshot for Lakewide, Oakland

Lakewide rental market summary

The rental market in Lakewide, California is showing signs of growth. In July of 2023, there were 119 new listings, a significant increase from the previous month. This indicates that the rental market is becoming more active and that more people are looking for housing in the area.

The median rent in Lakewide, California has also seen an increase from the previous month. In July of 2023, the median rent was $2,468, a 1.3% increase from the previous month. This is a 15.3% increase from the same time last year, indicating that the rental market is becoming more competitive and that prices are rising. This could be due to the increased demand for housing in the area, as more people are looking to move to Lakewide.

Median rent for all residential properties in Lakewide

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

The most expensive listings and top trending buildings in Lakewide

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

Bedroom Breakdown in Lakewide

Studio
$2,221
MEDIAN RENT
1 Bedroom
$2,571
MEDIAN RENT
2 Bedroom
$3,575
MEDIAN RENT

Lakewide neighborhood apartments rents

The rental market for studios in Lakewide, California in July 2023 saw 11 new listings, with the median rent remaining unchanged from the previous month at $2,221. This indicates that the rental market for studios in Lakewide is stable, with no significant changes in rent from month to month.

The rental market for 1-bedroom apartments in Lakewide, California is showing signs of growth. In July 2023, there were 19 new 1-bedroom listings, which is a 5.0% increase from the previous month. The median rent for 1-bedroom apartments in July 2023 was $2,571, which is a 5.0% decrease from the median rent in June 2023. This indicates that the rental market is becoming more competitive, with more options available for renters.

The rental market for 2-bedroom apartments in Lakewide, California is showing signs of stability. In July 2023, there were 16 new 2-bedroom listings, and the median rent for 2-bedroom apartments decreased by 1.7% from June 2023 to July 2023, from $3,637 to $3,575. This suggests that the rental market is not experiencing any significant changes in pricing or availability.

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 Lakewide is $2,468.
Made withDataherald