Rental market snapshot for Mid Central, Pasadena

Mid Central rental market summary

The rental market in Mid Central, California is showing signs of growth. In July 2023, there were 27 new listings, a significant increase from the previous month. This indicates that more people are looking to rent in the area. The median rent in July 2023 was $2,950, a 1.7% increase from the previous month. This is a sign of a healthy rental market, as prices are increasing but not too quickly.

When compared to the same time last year, the median rent in Mid Central, California has increased by 22.9%. This is a significant increase, and shows that the rental market in the area is continuing to grow. This is likely due to the increasing demand for rental properties in the area, as more people are looking to move to Mid Central.

Median rent for all residential properties in Mid Central

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The most expensive listings and top trending buildings in Mid Central

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Bedroom Breakdown in Mid Central

Studio
$2,412
MEDIAN RENT
1 Bedroom
$2,522
MEDIAN RENT
2 Bedroom
$3,315
MEDIAN RENT

Mid Central neighborhood apartments rents

The rental market for studios in Mid Central, California appears to be stable, with only two new listings in July 2023 and a median rent of $2,412. This suggests that the demand for studios in the area is relatively consistent, and that the market is not experiencing any significant changes in rent prices.

The rental market for 1-bedroom apartments in Mid Central, California appears to be stable, with only one new listing in July 2023 and a median rent of $2,522. Unfortunately, no data is available for June 2023, so it is not possible to determine the percent change in rent from June to July. Overall, the rental market for 1-bedroom apartments in Mid Central appears to be steady.

The rental market for 2-bedroom apartments in Mid Central, California is relatively stable. In July 2023, there was only one new listing, and the median rent for 2-bedroom apartments decreased by 5.9% from June 2023 to July 2023, from $3,521 to $3,315. This suggests that the rental market is not experiencing any significant changes in the short-term.

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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 Mid Central is $2,950.
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