Rental market snapshot for Parkway, Sacramento
Parkway rental market summary
The rental market in Parkway, California is showing signs of stability. In July 2023, there were 74 new listings, indicating that the market is still active. The median rent for the month of July 2023 was $2,145, which is the same as the median rent for June 2023. This suggests that the rental market is not experiencing any significant fluctuations in pricing. When compared to the median rent in July 2022, there has been a 5.7% increase in rent, indicating that rental prices are slowly increasing in the area.
Overall, the rental market in Parkway, California is relatively stable. The number of new listings and the median rent remain consistent, suggesting that the market is not experiencing any major changes. Although rental prices have increased slightly, the increase is relatively small and does not indicate any drastic changes in the market.
Median rent for all residential properties in Parkway
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The most expensive listings and top trending buildings in Parkway
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 4540 Beechnut Way | $2,705 | 4 / 2.0 |
| 7483 Mandy Dr | $2,495 | 4 / 2.0 |
| 7413 Crownwest Way | $2,343 | 3 / 2.0 |
| 38 De Fer Cir | $2,250 | 3 / 2.0 |
| 101 Cedar Rock Cir | $2,145 | 3 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Arrowhead Housing Inc. | $1,195 |
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Bedroom Breakdown in Parkway
Parkway neighborhood apartments rents
The rental market for studios in Parkway, California appears to be strong in March 2021, with 10 new listings added to the market. The median rent for studios in March 2021 was $949, indicating that the market is still in demand. Unfortunately, no data is available for February 2021, so it is not possible to determine the percent change in rent from February to March. However, the high number of new listings and the steady median rent suggest that the rental market for studios in Parkway is healthy.
The rental market for 1-bedroom apartments in Parkway, California is expected to remain relatively stable in December 2022, with only one new listing. The median rent for 1-bedroom apartments is estimated to be $1,195, which is unchanged from the previous month. With limited new listings and no change in rent, the rental market for 1-bedroom apartments in Parkway is likely to remain steady in the near future.
The rental market for 2-bedroom apartments in Parkway, California appears to be stable, with only one new listing in April 2023 and a median rent of $1,800. Unfortunately, no data is available for March 2023, so it is not possible to determine the percent change in rent from that month. Overall, the rental market for 2-bedroom apartments in Parkway appears to be steady.