Rental market snapshot for North Central, Pasadena

North Central rental market summary

The rental market in North Central, California is showing signs of growth. In July 2023, there were 24 new listings, indicating that more people are looking to rent in the area. The median rent in July 2023 was $2,500, a 13.6% increase from the previous month and a 10.7% increase from the same period in 2022. This suggests that rental prices are on the rise in North Central, California, likely due to increased demand.

Overall, the rental market in North Central, California appears to be healthy and growing. With more people looking to rent in the area and rental prices increasing, it is likely that the rental market will continue to be strong in the coming months.

Median rent for all residential properties in North Central

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

The most expensive listings and top trending buildings in North Central

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

Bedroom Breakdown in North Central

Studio
$1,775
MEDIAN RENT
1 Bedroom
$1,895
MEDIAN RENT
2 Bedroom
$1,694
MEDIAN RENT

North Central neighborhood apartments rents

The rental market for studios in North Central, California appears to be relatively stable, with only one new listing in April 2023 and a median rent of $1,775. Unfortunately, no data is available for March 2023, so it is not possible to determine the percent change in rent from that month. Overall, the rental market for studios in North Central, California appears to be relatively stable.

The rental market for 1-bedroom apartments in North Central, California remains steady in May 2023, with only one new listing and no change in median rent from April 2023. This indicates that the market is stable and that demand for 1-bedroom apartments is consistent. Renters in the area can expect to pay a median rent of $1,895 for a 1-bedroom apartment in May 2023.

The rental market for 2-bedroom apartments in North Central, California is showing signs of stability. In April 2023, there were 4 new 2-bedroom listings, and the median rent for 2-bedroom apartments decreased by 2.9% from March 2023 to April 2023, from $1,744 to $1,694. This suggests that the rental market is not experiencing any significant changes in pricing or availability.

Explore other Pasadena Neighborhoods

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 Central is $2,500.
Made withDataherald