Rental market snapshot for New Era Park, Sacramento

New Era Park rental market summary

The rental market in New Era Park, California is showing signs of growth. In July 2023, there were 19 new listings, a significant increase from the previous month. The median rent in July 2023 was $1,795, a 3.0% increase from June 2023 and a 12.5% increase from July 2022. This indicates that the rental market in New Era Park is becoming increasingly competitive, with more people looking to rent in the area.

The increasing demand for rental properties in New Era Park is likely due to the area's attractive amenities and convenient location. With its close proximity to major cities, New Era Park is an ideal place to live for those looking for a balance between city life and suburban living. The area also offers a variety of recreational activities, making it a great place to call home. With the increasing demand for rental properties in New Era Park, it is likely that the median rent will continue to rise in the coming months.

Median rent for all residential properties in New Era Park

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The most expensive listings and top trending buildings in New Era Park

Most Expensive Listings

AddressRent PriceBed / Bath
2501 D St$3,3003 / 1.0
412 Washington Sq$2,7002 / 2.5
316 28th St$2,4952 / 1.0
316 28th St$2,3952 / 1.0
430 19th St$1,9001 / 1.0

Top Trending Buildings

building nameavg rent price
Zillow$1,195

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Bedroom Breakdown in New Era Park

Studio
$1,300
MEDIAN RENT
1 Bedroom
$1,195
MEDIAN RENT
2 Bedroom
$1,895
MEDIAN RENT

New Era Park neighborhood apartments rents

The rental market for studios in New Era Park, California appears to be relatively stable, with only one new studio listing in April 2023 and a median rent of $1,300. Unfortunately, no data is available for the median rent in March 2023 or the percent change in rent from March to April, so it is difficult to draw any conclusions about the rental market in the short term. However, the lack of new listings and the steady median rent suggest that the rental market for studios in New Era Park is relatively stable.

The rental market for 1-bedroom apartments in New Era Park, California is showing signs of growth. In May 2023, there was only one new 1-bedroom listing, but the median rent for 1-bedroom apartments increased by 43.0% from March 2023 to May 2023, from $2,095 to $1,195. This suggests that demand for 1-bedroom apartments is increasing, and that the rental market is becoming more competitive.

The rental market for 2-bedroom apartments in New Era Park, California, is relatively stable. In February 2023, there were two new 2-bedroom listings, and the median rent remained the same as it was in January 2023 at $1,895. This indicates that the rental market is not experiencing any significant changes in terms of 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 New Era Park is $1,795.
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