Rental market snapshot for Shafter, Oakland

Shafter rental market summary

The rental market in Shafter, California is showing signs of growth. In July 2023, there were 35 new listings, a significant increase from the previous month. The median rent for the month of July 2023 was $3,051, a 3.0% decrease from the previous month. However, when compared to the same month in 2022, the median rent has increased by 21.7%. This suggests that the rental market in Shafter is becoming more competitive and that demand for rental properties is increasing.

Overall, the rental market in Shafter is showing signs of growth. The number of new listings is increasing and the median rent is rising. This indicates that the rental market in Shafter is becoming more competitive and that demand for rental properties is increasing. As the rental market continues to grow, it is likely that the median rent will continue to rise.

Median rent for all residential properties in Shafter

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The most expensive listings and top trending buildings in Shafter

Most Expensive Listings

AddressRent PriceBed / Bath
5110 Telegraph Ave$8,0713 / 2.0
5110 Telegraph Ave$4,4362 / 2.0
5254 Claremont Ave$4,4004 / 2.0
5110 Telegraph Ave$4,3262 / 1.0
5110 Telegraph Ave$4,1852 / 1.0

Top Trending Buildings

building nameavg rent price
Sentral$2,920

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Bedroom Breakdown in Shafter

Studio
$2,458
MEDIAN RENT
1 Bedroom
$2,953
MEDIAN RENT
2 Bedroom
$4,256
MEDIAN RENT

Shafter neighborhood apartments rents

The rental market for studios in Shafter, California is showing signs of a slight decrease in rent prices. In July 2023, there was only one new studio listing, and the median rent for studios decreased by 15.4% from June 2023 to July 2023, from $2,906 to $2,458. This could indicate that the rental market for studios in Shafter is cooling off, and renters may be able to find more affordable options in the near future.

The rental market for 1-bedroom apartments in Shafter, California is showing signs of growth. In July 2023, there were 3 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $2,953, a 4.3% increase from the median rent in June 2023. This suggests that the rental market is becoming more competitive, and renters should expect to pay more for 1-bedroom apartments in the area.

The rental market for 2-bedroom apartments in Shafter, California is showing signs of growth. In July 2023, there were 4 new 2-bedroom listings, indicating an increase in demand for these types of apartments. The median rent for 2-bedroom apartments in July 2023 was $4,256, which is a 5.5% decrease from the median rent in June 2023. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for 2-bedroom apartments in Shafter is looking positive.

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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 Shafter is $3,051.
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