Rental market snapshot for Midtown, San Diego
Midtown rental market summary
The rental market in Midtown, California is showing signs of growth. In July of 2023, there were 174 new listings, a significant increase from the previous month. The median rent for the month of July 2023 was $3,095, a 3.3% increase from the previous month. This is a significant increase from the median rent of $3,799 in July 2022, representing an 18.5% increase in rent over the course of the year.
These figures suggest that the rental market in Midtown, California is growing at a steady rate. With more new listings and increasing median rent prices, it is likely that the rental market in Midtown will continue to be a desirable place to live in the coming months.
Median rent for all residential properties in Midtown
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The most expensive listings and top trending buildings in Midtown
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
350 Nutmeg St | $5,500 | 2 / 2.0 |
635 Robinson Ave | $5,285 | 2 / 2.0 |
3288 5th Ave | $5,054 | 1 / 2.5 |
420 Brookes Ave | $5,000 | 3 / 3.0 |
3210 Ibis St | $4,875 | 2 / 1.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Greystar* | $4,065 |
GIG | $3,528 |
HGFentonCompany | $3,300 |
Sunrise Management | $2,475 |
MANOR LIVING MANAGEMENT LLC | $2,395 |
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Bedroom Breakdown in Midtown
Midtown neighborhood apartments rents
The rental market for studios in Midtown, California is showing a significant increase in July 2023. There are 9 new studio listings, and the median rent has increased by 73.0% from June 2023 to July 2023, from $1,685 to $2,915. This indicates that the demand for studio apartments in Midtown is high and that the rental market is becoming increasingly competitive.
The rental market for 1-bedroom apartments in Midtown, California is showing signs of growth. In July 2023, there were 11 new 1-bedroom listings, a 15.4% increase in median rent from June 2023 to July 2023, and a median rent of $3,300. This indicates that demand for 1-bedroom apartments in Midtown is increasing, and that the rental market is becoming more competitive.
The rental market for 2-bedroom apartments in Midtown, California is showing signs of stability. In July 2023, there were 11 new 2-bedroom listings, and the median rent for 2-bedroom apartments decreased by 4.7% from June 2023 to July 2023, settling at $4,095. This suggests that the rental market is not experiencing any drastic changes, and that the prices of 2-bedroom apartments are staying relatively consistent.