Rental market snapshot for Riviera, Redondo Beach

Riviera rental market summary

The rental market in Riviera, California is showing signs of growth. In July 2023, there were 30 new listings, a 16% increase from the same time in 2022. This is a positive sign for the local rental market, as it indicates that more people are looking to move to the area.

The median rent in Riviera, California has also increased over the past year. In July 2023, the median rent was $3,695, a 25.3% increase from June 2023 and a 16% increase from July 2022. This suggests that the rental market in Riviera is becoming more competitive, as more people are looking to move to the area and prices are rising.

Median rent for all residential properties in Riviera

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The most expensive listings and top trending buildings in Riviera

Most Expensive Listings

AddressRent PriceBed / Bath
501 Via La Selva$7,4955 / 3.0
320 Paseo De La Playa$7,0003 / 2.5
306 Calle De Arboles$6,7003 / 2.5
254 Via Los Miradores$6,4954 / 3.0
639 Paseo De La Playa$4,9502 / 2.0

Top Trending Buildings

building nameavg rent price
Zillow$2,400

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Bedroom Breakdown in Riviera

Studio
$2,125
MEDIAN RENT
1 Bedroom
$2,400
MEDIAN RENT
2 Bedroom
$3,300
MEDIAN RENT

Riviera neighborhood apartments rents

The rental market for studios in Riviera, California appears to be relatively stable, with only one new studio listing in June 2023 and a median rent of $2,125. This suggests that the demand for studios in Riviera is relatively consistent, and that the rental market is not experiencing any significant changes.

The rental market for 1-bedroom apartments in Riviera, California appears to be stable, with only one new listing in May 2023 and a median rent of $2,400. Unfortunately, no data is available for April 2023, so it is not possible to determine the percent change in rent from April to May. Overall, the rental market for 1-bedroom apartments in Riviera appears to be steady.

The rental market for 2-bedroom apartments in Riviera, California in July 2023 is relatively stable, with only one new listing and no change in median rent from June 2023. This suggests that the market is not experiencing any significant shifts in supply or demand, and that rental prices are likely to remain steady in the near future.

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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 Riviera is $3,695.
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