Rental market snapshot for Waverly, Oakland
Waverly rental market summary
The rental market in Waverly, California is showing signs of growth. In July 2023, there were 102 new listings, a 10.3% increase from the previous month. This is a sign that the rental market is becoming more competitive. The median rent in July 2023 was $2,989, a 22.8% increase from the same time last year. This indicates that rental prices are on the rise, likely due to increased demand for rental properties.
Overall, the rental market in Waverly, California is looking positive. With more new listings and increasing rental prices, it is a great time to be a landlord in the area. With the right strategies, landlords can capitalize on the current market conditions and make a good return on their investments.
Median rent for all residential properties in Waverly
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The most expensive listings and top trending buildings in Waverly
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
312 24th St | $8,671 | 3 / 3.0 |
312 24th St | $6,078 | 2 / 2.0 |
312 24th St | $5,724 | 2 / 2.0 |
312 24th St | $4,889 | 2 / 2.0 |
312 24th St | $4,684 | 2 / 2.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Holland Partner Group | $3,148 |
Wood Partners | $3,129 |
Zillow Rental Network | $2,685 |
Hanover R.S. Limited Partnership | $2,577 |
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Bedroom Breakdown in Waverly
Waverly neighborhood apartments rents
The rental market for studios in Waverly, California is showing signs of growth. In July 2023, there were 11 new studio listings, indicating an increase in demand for rental units. The median rent for studios in July 2023 was $2,051, which is 18.3% lower than 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 studios in Waverly, California is looking positive.
The rental market for 1-bedroom apartments in Waverly, California is showing signs of growth. In July 2023, there were 29 new 1-bedroom listings, which is a 7.6% increase from the previous month. The median rent for 1-bedroom apartments in July 2023 was $2,776, which is 7.6% lower than 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 Waverly, California is showing signs of growth. In July 2023, there were 18 new 2-bedroom listings, which is a significant increase from the previous month. The median rent for 2-bedroom apartments in July 2023 was $4,002, which is a 19.3% decrease from the median rent in June 2023 of $4,958. This suggests that the rental market is becoming more affordable for tenants, and that there is an increasing demand for 2-bedroom apartments in Waverly.