Rental market snapshot for Bay Park, San Diego

Bay Park rental market summary

The rental market in Bay Park, California is showing signs of growth. In July 2023, there were 42 new listings, which is a significant increase from the previous month. The median rent for the month of July 2023 was $2,817, which is 6.1% lower than the median rent in June 2023. However, when compared to July 2022, the median rent has increased by 16.2%. This indicates that the rental market in Bay Park is becoming more competitive and that prices are increasing.

Overall, the rental market in Bay Park is on the rise. With more listings and higher prices, it is becoming a desirable place to live. The increase in rent is likely due to the increasing demand for rental properties in the area. As more people move to Bay Park, the rental market is likely to continue to grow.

Median rent for all residential properties in Bay Park

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

The most expensive listings and top trending buildings in Bay Park

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

Bedroom Breakdown in Bay Park

Studio
$2,000
MEDIAN RENT
1 Bedroom
$2,754
MEDIAN RENT
2 Bedroom
$3,324
MEDIAN RENT

Bay Park neighborhood apartments rents

The rental market for studios in Bay Park, California is showing a significant decrease in rent from December 2022 to January 2023. There was only one new studio listing in January 2023, and the median rent for studios decreased by 30.9%, from $2,895 to $2,000. This suggests that the rental market for studios in Bay Park is becoming more affordable for tenants.

The rental market for 1-bedroom apartments in Bay Park, California is showing signs of stability. In July 2023, there were 6 new 1-bedroom listings, and the median rent for 1-bedroom apartments only changed by 1.1% from June 2023 to July 2023, from $2,784 to $2,754. This indicates that the rental market is not experiencing any major fluctuations, and that the prices of 1-bedroom apartments in Bay Park are staying relatively consistent.

The rental market for 2-bedroom apartments in Bay Park, California is showing signs of growth. In July 2023, there were 6 new 2-bedroom listings, a 25.5% increase in median rent from June 2023 to July 2023, and a median rent of $3,324. This indicates that the rental market for 2-bedroom apartments in Bay Park is becoming increasingly competitive, with more people looking to rent and landlords raising their prices.

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 Bay Park is $2,817.
Made withDataherald