Rental market snapshot for North Hills, Panorama Heights

North Hills rental market summary

The rental market in North Hills, California is showing signs of growth. In July 2023, there were 32 new listings, indicating an increase in demand for rental properties. The median rent for the month of July 2023 was $1,895, a 2.4% increase from the previous month and a 9.5% increase from the same time last year. This suggests that the rental market in North Hills is continuing to grow and that rental prices are increasing.

Overall, the rental market in North Hills is looking strong. With an increasing number of new listings and a steady rise in rental prices, it is a great time to invest in rental properties in the area. With the right strategy, investors can capitalize on the current market conditions and benefit from the growing rental market in North Hills.

Median rent for all residential properties in North Hills

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The most expensive listings and top trending buildings in North Hills

Most Expensive Listings

AddressRent PriceBed / Bath
8524 Saloma Ave$3,9003 / 2.0
8309 Cedros Ave$2,4952 / 3.0
8504 Willis Ave$2,1252 / 2.0
8619 Willis Ave$2,1252 / 1.0
8525 Tobias Ave$2,1201 / 1.0

Top Trending Buildings

building nameavg rent price
Greystone Management Group$1,979
MIGManagement$1,750

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Bedroom Breakdown in North Hills

Studio
$1,595
MEDIAN RENT
1 Bedroom
$1,908
MEDIAN RENT
2 Bedroom
$2,242
MEDIAN RENT

North Hills neighborhood apartments rents

The rental market for studios in North Hills, California remains relatively stable in July 2023, with two new studio listings and no change in median rent from June 2023 to July 2023. The median rent for studios in July 2023 is $1,595, which is the same as the median rent in June 2023. This indicates that the rental market for studios in North Hills is not experiencing any significant changes in terms of pricing or availability.

The rental market for 1-bedroom apartments in North Hills, California is showing signs of stability. In July 2023, there were 4 new 1-bedroom listings, and the median rent for 1-bedroom apartments decreased by 2.4% from June 2023 to July 2023, settling at $1,908. This suggests that the rental market is not experiencing any major fluctuations, and that the prices of 1-bedroom apartments in North Hills are likely to remain steady in the near future.

The rental market for 2-bedroom apartments in North Hills, California is relatively stable. In June 2023, there was only one new 2-bedroom listing, indicating that the market is not experiencing a large influx of new rental units. The median rent for 2-bedroom apartments in June 2023 was $2,242, which is only a 1.9% increase from the median rent in April 2023 of $2,200. This suggests that the rental market in North Hills is not experiencing significant fluctuations in rent prices.

Explore other Panorama Heights Neighborhoods

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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 North Hills is $1,895.
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