Rental market snapshot for Prescott, Oakland
Prescott rental market summary
The rental market in Prescott, California is showing signs of growth. In July 2023, there were 50 new listings, a significant increase from the previous month. The median rent for the month of July 2023 was $2,595, a 23.9% increase from the previous month and a 15.3% increase from the same time last year. This indicates that the rental market in Prescott is becoming more competitive and that prices are on the rise.
The increasing demand for rental properties in Prescott is likely due to the city's growing population and the increasing number of job opportunities in the area. With more people looking for housing, the competition for rental properties is becoming more intense, driving up prices. This trend is expected to continue in the coming months, as the city continues to attract new residents and businesses.
Median rent for all residential properties in Prescott
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The most expensive listings and top trending buildings in Prescott
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
1517 Prescott St | $4,999 | 4 / 3.5 |
501 Zephyr Dr | $4,100 | 3 / 3.5 |
1502 Pullman Way | $3,975 | 2 / 2.5 |
1502 Pullman Way | $3,800 | 2 / 2.5 |
1037 Peralta St | $3,795 | 5 / 2.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Zillow | $2,263 |
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Bedroom Breakdown in Prescott
Prescott neighborhood apartments rents
The rental market for studios in Prescott, California is showing signs of growth in April 2023. There were 4 new studio listings in April, and the median rent for studios increased by 1.4% from March to April, from $1,625 to $1,648. This suggests that the demand for studio rentals is increasing, and that the rental market is becoming more competitive.
The rental market for 1-bedroom apartments in Prescott, California appears to be stable, with only three new listings in April 2023 and a median rent of $2,095. Unfortunately, no data is available for the median rent in March 2023, so it is not possible to determine the percent change in rent from March to April. Overall, the rental market for 1-bedroom apartments in Prescott appears to be steady.
The rental market for 2-bedroom apartments in Prescott, California in April 2023 is relatively stable, with only two new listings and a slight decrease in median rent of 2.4% from March 2023 to April 2023. The median rent for a 2-bedroom apartment in April 2023 is $2,000, which is slightly lower than the median rent of $2,050 in March 2023. This indicates that the rental market for 2-bedroom apartments in Prescott is relatively stable and affordable.