Rental market snapshot for Morena, San Diego
Morena rental market summary
The rental market in Morena, California is showing signs of growth. In July 2023, there were 58 new listings, a 2.2% increase from the previous month. This is a positive sign for the rental market, as it indicates that more people are looking for rental properties in the area.
The median rent in Morena has also seen an increase over the past year. In July 2023, the median rent was $3,498, a 3.0% increase from the same time last year. This is a positive sign for the rental market, as it indicates that rental prices are increasing in the area. This could be due to the increasing demand for rental properties in Morena, as more people are looking to move to the area.
Median rent for all residential properties in Morena
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The most expensive listings and top trending buildings in Morena
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 1555 Monitor Rd | $9,500 | 4 / 3.0 |
| 1307 Brunner St | $6,410 | 3 / 2.0 |
| 5805 Friars Rd | $5,500 | 3 / 2.0 |
| 5766 Riley St | $4,100 | 3 / 2.0 |
| 5763 Riley St | $4,095 | 3 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Trinity Property Consultants | $2,808 |
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Bedroom Breakdown in Morena
Morena neighborhood apartments rents
The rental market for studios in Morena, California is showing signs of stability. In April 2023, there were 3 new studio listings, and the median rent for studios remained relatively unchanged from March 2023, decreasing by only 2.2%. This suggests that the rental market for studios in Morena is not experiencing any drastic changes, and is likely to remain stable in the near future.
The rental market for 1-bedroom apartments in Morena, California is showing signs of growth. In July 2023, there was only one new 1-bedroom listing, but the median rent for 1-bedroom apartments decreased by 14.0% from June 2023 to July 2023, from $3,266 to $2,808. This suggests that the rental market is becoming more competitive, with landlords offering lower rents to attract tenants.
The rental market for 2-bedroom apartments in Morena, California is relatively stable. In July 2023, there were 6 new 2-bedroom listings, and the median rent for 2-bedroom apartments was $3,574, a slight decrease of .7% from the median rent in June 2023. This indicates that the rental market for 2-bedroom apartments in Morena is not experiencing any significant changes in pricing or availability.