Rental market snapshot for West Central, Pasadena
West Central rental market summary
The rental market in West Central, California is showing signs of growth. In July of 2023, there were 211 new listings, a 5.5% increase from the previous month. This is a sign that the rental market is becoming more active. The median rent in July 2023 was $3,325, a 9.9% increase from the same time last year. This is a strong indication that the rental market in West Central is becoming more competitive.
Overall, the rental market in West Central, California is showing signs of growth. The number of new listings is increasing and the median rent is rising. This is a positive sign for renters in the area, as it indicates that the rental market is becoming more competitive and that more options are becoming available.
Median rent for all residential properties in West Central
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The most expensive listings and top trending buildings in West Central
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
255 N Michigan Ave | $6,600 | 3 / 2.0 |
931 E Walnut St | $6,000 | 2 / 3.0 |
709 E Walnut St | $5,910 | 3 / 2.0 |
709 E Walnut St | $5,900 | 2 / 2.0 |
709 E Walnut St | $5,705 | 2 / 2.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
GIG | $3,634 |
AMLI Residential | $3,514 |
Greystar Real Estate Partners LLC | $3,219 |
SRG Residential | $2,890 |
TIAA-CREF - Greystar | $2,854 |
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Bedroom Breakdown in West Central
West Central neighborhood apartments rents
The rental market for studios in West Central, California is showing signs of growth. In July 2023, there were 5 new studio listings, representing a 17.6% increase in rent from June 2023. The median rent for studios in July 2023 was $3,045, which is significantly higher than the median rent of $2,590 in June 2023. This indicates that the rental market for studios in West Central, California is on the rise and is likely to continue to increase in the coming months.
The rental market for 1-bedroom apartments in West Central, California in July 2023 is relatively stable. There were 36 new 1-bedroom listings in July 2023, but the median rent for 1-bedroom apartments remained the same as in June 2023 at $3,300, indicating no change in rent from month to month. This suggests that the rental market for 1-bedroom apartments in West Central, California is relatively stable and that renters can expect to pay the same amount for a 1-bedroom apartment in July 2023 as they did in June 2023.
The rental market for 2-bedroom apartments in West Central, California is relatively stable. In July 2023, there were 30 new 2-bedroom listings, and the median rent for 2-bedroom apartments only decreased by .3% from June 2023 to July 2023, from $4,443 to $4,429. This indicates that the rental market is not experiencing any significant changes in pricing or availability.