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
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The most expensive listings and top trending buildings in Bay Park
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
4203 Ashton St | $4,300 | 2 / 2.5 |
1302 Frankfort St | $4,015 | 2 / 2.0 |
1302 Frankfort St | $3,875 | 2 / 2.0 |
1302 Frankfort St | $3,830 | 2 / 2.0 |
2522 Clairemont Dr | $3,700 | 2 / 2.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Fairfield Residential | $3,225 |
Prime Group** | $2,355 |
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Bedroom Breakdown in Bay Park
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.