Rental market snapshot for Evergreen Park, Palo Alto

Evergreen Park rental market summary

The rental market in Evergreen Park, California is showing signs of growth. In July 2023, there were 29 new listings, a 6.4% increase from the same time last year. The median rent in July 2023 was $3,740, a slight increase of .1% from the previous month. This is a significant decrease of 6.4% from the median rent in July 2022, which was $3,995.

Overall, the rental market in Evergreen Park is trending in a positive direction. With more new listings and a decrease in median rent, it is becoming an increasingly attractive option for renters. The slight increase in median rent from June to July is likely due to the increased demand for rental properties in the area.

Median rent for all residential properties in Evergreen Park

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The most expensive listings and top trending buildings in Evergreen Park

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Bedroom Breakdown in Evergreen Park

Studio
$3,740
MEDIAN RENT
1 Bedroom
$4,603
MEDIAN RENT
2 Bedroom
$3,500
MEDIAN RENT

Evergreen Park neighborhood apartments rents

The rental market for studios in Evergreen Park, California is showing signs of growth. In July 2023, there was one new studio listing, and the median rent for studios increased by 4.4% from June 2023 to July 2023, from $3,582 to $3,740. This suggests that the demand for studios in Evergreen Park is increasing, and that the rental market is becoming more competitive.

The rental market for 1-bedroom apartments in Evergreen Park, California appears to be stable, with only two new listings in July 2023 and a median rent of $4,603. Unfortunately, no data is available for June 2023, so it is impossible to determine the percent change in rent from June to July. Overall, the rental market for 1-bedroom apartments in Evergreen Park appears to be steady.

The rental market for 2-bedroom apartments in Evergreen Park, California remains steady in July 2023, with only two new listings and no change in median rent from June 2023. This indicates that the rental market is stable and that demand for 2-bedroom apartments is consistent.

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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 Evergreen Park is $3,740.
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