Rental market snapshot for Gateway West, Sacramento
Gateway West rental market summary
The rental market in Gateway West, California is showing signs of growth. In July 2023, there were 66 new listings, a sign that the rental market is expanding. The median rent in July 2023 was $2,391, a 3.5% increase from the previous month and a 6.6% increase from the same month in 2022. This indicates that rental prices in Gateway West are on the rise, likely due to increased demand for rental properties.
Overall, the rental market in Gateway West is looking positive. With more listings and increasing rental prices, it is a great time for landlords and tenants alike. With the current market conditions, landlords can expect to see higher returns on their investments, while tenants can expect to find more options and competitive prices.
Median rent for all residential properties in Gateway West
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The most expensive listings and top trending buildings in Gateway West
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 3836 Aetna Springs Way | $3,750 | 5 / 3.0 |
| 2865 Screech Owl Way | $3,295 | 4 / 2.5 |
| 3610 Duckhorn Dr | $2,988 | 3 / 2.0 |
| 3500 Tice Creek Way | $2,795 | 3 / 2.5 |
| 3101 Tice Creek Way | $2,650 | 3 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| The Wolff Company | $2,183 |
| The Reliant Group | $2,075 |
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Bedroom Breakdown in Gateway West
Gateway West neighborhood apartments rents
The rental market for studios in Gateway West, California is showing signs of growth. In May 2023, there was one new studio listing, and the median rent for studios increased by 2.0% from April 2023 to May 2023, from $1,893 to $1,930. This suggests that the demand for studio apartments in Gateway West is increasing, and that the rental market is becoming more competitive.
The rental market for 1-bedroom apartments in Gateway West, California is showing signs of stability. In July 2023, there were 12 new 1-bedroom listings, and the median rent for 1-bedroom apartments decreased by 3.2% from June 2023 to July 2023, settling at $2,119. This suggests that the rental market is not experiencing any drastic changes, and that the prices of 1-bedroom apartments are staying relatively consistent.
The rental market for 2-bedroom apartments in Gateway West, California is showing signs of growth. In July 2023, there were 6 new 2-bedroom listings, indicating an increase in demand for these types of apartments. The median rent for 2-bedroom apartments in July 2023 was $2,529, though it is not known what the median rent was in June 2023 or what the percent change in rent was from June to July. Nevertheless, the increase in new listings and the higher median rent suggest that the rental market for 2-bedroom apartments in Gateway West is on the rise.