Rental market snapshot for University, Riverside
University rental market summary
The rental market in University, California is showing signs of growth. In July 2023, there were 89 new listings, indicating an increase in available rental properties. The median rent for the month of July 2023 was $2,090, which is 3.0% lower than the median rent in June 2023. However, when compared to the median rent in July 2022, the current median rent is 27.9% lower. This suggests that the rental market in University, California is becoming more affordable for renters.
Overall, the rental market in University, California is becoming more competitive and attractive for renters. With an increase in new listings and a decrease in median rent, renters have more options and can find more affordable rental properties. This is good news for those looking to rent in University, California.
Median rent for all residential properties in University
Get the latest rental data first
The most expensive listings and top trending buildings in University
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 7577 Citrusmoon Ct | $5,500 | 4 / 2.0 |
| 118 E Shady Grove Dr | $5,399 | 6 / 3.0 |
| 20182 Sanquinella Cir | $4,700 | 5 / 3.0 |
| 3665 Mount Vernon Ave | $4,690 | 5 / 2.0 |
| 19476 Season Grove Dr | $4,000 | 4 / 3.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Red Tail Residential | $2,005 |
| RCMI | $1,895 |
| Zillow Rental Network | $1,883 |
| FDC Management | $1,865 |
| SoCal Pacific Management | $1,823 |
Get the latest rental data first
Bedroom Breakdown in University
University neighborhood apartments rents
The rental market for studios in University, California is showing a slight increase in July 2023, with three new listings and a 1.7% increase in median rent from June 2023 to July 2023. The median rent for studios in July 2023 is $1,759, which is slightly higher than the median rent of $1,729 in June 2023. This indicates that the rental market for studios in University, California is slowly increasing, and may continue to do so in the coming months.
The rental market for 1-bedroom apartments in University, California is showing signs of growth. In July 2023, there were 12 new 1-bedroom listings, representing a 1.4% increase in median rent from June 2023. The median rent for 1-bedroom apartments in July 2023 was $1,855, which is a significant increase from the median rent of $1,830 in June 2023. This indicates that the rental market for 1-bedroom apartments in University, California is on the rise and is likely to continue to increase in the coming months.
The rental market for 2-bedroom apartments in University, California is relatively stable. In July 2023, there were 14 new 2-bedroom listings, and the median rent for 2-bedroom apartments was $2,205, only a 1.0% decrease from the median rent in June 2023. This suggests that the rental market for 2-bedroom apartments in University, California is relatively steady and that renters can expect to find a good selection of available apartments at reasonable prices.