Rental market snapshot for Downtown, Sacramento

Downtown rental market summary

The rental market in Downtown, California is showing signs of growth. In July 2023, there were 121 new listings, a 5.2% increase from June 2023. This is a positive sign for the rental market in Downtown, California, as it indicates that more people are looking to rent in the area.

The median rent in Downtown, California has also increased from $2,575 in July 2022 to $2,350 in July 2023, a 8.7% decrease. This is a positive sign for potential renters, as it indicates that rental prices are becoming more affordable in the area. This could be due to an increase in supply of rental properties, or a decrease in demand for rental properties.

Median rent for all residential properties in Downtown

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The most expensive listings and top trending buildings in Downtown

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Bedroom Breakdown in Downtown

Studio
$2,027
MEDIAN RENT
1 Bedroom
$2,496
MEDIAN RENT
2 Bedroom
$3,805
MEDIAN RENT

Downtown neighborhood apartments rents

The rental market for studios in Downtown, California is showing signs of growth. In July 2023, there were 4 new studio listings, representing a 6.0% increase in median rent from June 2023 to July 2023. The median rent for studios in July 2023 was $2,027, which is a significant increase from the median rent of $1,913 in June 2023. This suggests that the rental market for studios in Downtown, California is on the rise and is likely to continue to increase in the coming months.

The rental market for 1-bedroom apartments in Downtown, California is showing signs of stability. In July 2023, there were 10 new 1-bedroom listings, and the median rent for 1-bedroom apartments increased by 1.0% from June 2023 to July 2023, from $2,472 to $2,496. This suggests that the rental market is not experiencing any significant changes in the short-term, and that the market is likely to remain stable in the near future.

The rental market for 2-bedroom apartments in Downtown, California is showing signs of growth. In July 2023, there were 10 new 2-bedroom listings, representing a 5.5% increase in median rent from June 2023 to July 2023. The median rent for 2-bedroom apartments in July 2023 was $3,805, indicating that the rental market is on the rise. With more listings and higher rents, it is likely that the rental market for 2-bedroom apartments in Downtown, California will continue to grow in the coming months.

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 Downtown is $2,350.
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