Rental market snapshot for South Arroyo, Pasadena

South Arroyo rental market summary

The rental market in South Arroyo, California is showing signs of growth. In July 2023, there were 54 new listings, a 6.2% increase from the previous month. This is a positive sign for the rental market, as it indicates that more people are looking to rent in the area. The median rent in July 2023 was $2,775, a 4.0% increase from the same time last year. This suggests that rental prices are increasing in South Arroyo, which could be due to increased demand for rental properties in the area.

Overall, the rental market in South Arroyo appears to be on the rise. With more new listings and an increase in median rent, it is likely that the rental market will continue to grow in the coming months. This could be beneficial for both renters and landlords, as it could lead to more affordable rental options and increased rental income.

Median rent for all residential properties in South Arroyo

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The most expensive listings and top trending buildings in South Arroyo

Most Expensive Listings

AddressRent PriceBed / Bath
435 Orange Grove Cir$6,4552 / 2.0
277 W Green St$6,2002 / 2.5
111 S De Lacey Ave$5,3002 / 2.0
435 W California Blvd$4,7502 / 2.0
65 W Dayton St$3,6952 / 2.0

Top Trending Buildings

building nameavg rent price
Greystar Real Estate Partners LLC$2,775

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Bedroom Breakdown in South Arroyo

Studio
$2,595
MEDIAN RENT
1 Bedroom
$2,775
MEDIAN RENT
2 Bedroom
$3,675
MEDIAN RENT

South Arroyo neighborhood apartments rents

The rental market for studios in South Arroyo, California is showing signs of stability. In July 2023, there were four new studio listings, and the median rent for studios remained relatively unchanged from June 2023 to July 2023, decreasing by only 3.9%. This suggests that the rental market for studios in South Arroyo is relatively stable and that renters can expect to find affordable options in the area.

The rental market for 1-bedroom apartments in South Arroyo, California is showing signs of growth. In July 2023, there were 9 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $2,775, a 2.6% decrease from 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 1-bedroom apartments in South Arroyo is looking positive.

The rental market for 2-bedroom apartments in South Arroyo, California is showing signs of stability. In July 2023, there were 10 new 2-bedroom listings, and the median rent for 2-bedroom apartments decreased by 2.1% from June 2023 to July 2023, from $3,752 to $3,675. This suggests that the rental market is not experiencing any significant changes in pricing or availability.

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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 South Arroyo is $2,775.
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