Rental market snapshot for Little Italy, San Diego
Little Italy rental market summary
The rental market in Little Italy, California is showing signs of growth. In July 2023, there were 185 new listings, a 5.1% increase from the same time last year. The median rent for the area has also increased, with a 3.1% jump from June to July and a 5.1% increase from July 2022. This indicates that the rental market in Little Italy is becoming more competitive, with more people looking to rent in the area.
The increase in median rent is a sign that the rental market in Little Italy is becoming more desirable. With more people looking to rent in the area, landlords are able to increase their prices and still have a steady stream of tenants. This is good news for landlords, as it means they can make more money from their rental properties. For tenants, however, it means they may have to pay more for their rental.
Median rent for all residential properties in Little Italy
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The most expensive listings and top trending buildings in Little Italy
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
550 W Date St | $7,435 | 1 / 1.0 |
550 W Date St | $7,390 | 2 / 2.0 |
605 W Date St | $7,390 | 2 / 2.0 |
550 W Date St | $6,440 | 2 / 2.0 |
1440 Columbia St | $6,367 | 2 / 2.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
HGFentonCompany | $7,435 |
TA Associates Realty | $4,431 |
Greystar* | $3,901 |
Quarterra | $3,858 |
Greystar Real Estate Partners LLC | $3,349 |
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Bedroom Breakdown in Little Italy
Little Italy neighborhood apartments rents
The rental market for studios in Little Italy, California is showing signs of growth. In July 2023, there were 10 new studio listings, representing a 26.0% increase in rent from June 2023. The median rent for studios in July 2023 was $2,897, which is significantly higher than the median rent of $2,300 in June 2023. This indicates that the rental market for studios in Little Italy is becoming increasingly competitive, and renters should expect to pay more for their desired studio space.
The rental market for 1-bedroom apartments in Little Italy, California is showing signs of growth. In July 2023, there were 21 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $3,522, a 6.2% decrease from the median rent in June 2023. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for 1-bedroom apartments in Little Italy, California is showing signs of growth and increased competition.
The rental market for 2-bedroom apartments in Little Italy, California is showing signs of growth. In July 2023, there were 21 new 2-bedroom listings, representing an 8.6% increase in median rent from June 2023. The median rent for 2-bedroom apartments in July 2023 was $5,290, indicating that the rental market is becoming more competitive. With more listings and higher rents, it is likely that the rental market for 2-bedroom apartments in Little Italy will continue to grow in the coming months.