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

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Bedroom Breakdown in West Central

Studio
$3,045
MEDIAN RENT
1 Bedroom
$3,300
MEDIAN RENT
2 Bedroom
$4,429
MEDIAN RENT

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.

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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 West Central is $3,325.
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