Rental market snapshot for North Park, San Diego
North Park rental market summary
The rental market in North Park, California is showing signs of stability. In July of 2023, there were 182 new listings, indicating that the market is still active and growing. The median rent for the month of July 2023 was $2,695, which is a 3.2% decrease from the previous month and a 2.0% increase from the same time last year. This suggests that the rental market in North Park is slowly increasing in value, but not at a rapid rate.
Overall, the rental market in North Park appears to be fairly stable. The number of new listings is increasing, and the median rent is slowly increasing as well. This indicates that the market is healthy and that renters can expect to find a variety of options when searching for a new home.
Median rent for all residential properties in North Park
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The most expensive listings and top trending buildings in North Park
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
2845 Dale St | $5,275 | 3 / 2.0 |
4621 Idaho St | $4,900 | 2 / 2.0 |
3445 Park Blvd | $4,550 | 3 / 2.0 |
3779 Ray St | $4,390 | 2 / 2.0 |
3379 32nd St | $3,950 | 2 / 1.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
SRG Residential | $3,618 |
Greystar Real Estate Partners LLC | $3,384 |
BoHome Rentals | $2,659 |
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Bedroom Breakdown in North Park
North Park neighborhood apartments rents
The rental market for studios in North Park, California is showing signs of growth. In July 2023, there were two new studio listings, indicating an increase in demand for rental units. The median rent for studios in July 2023 was $2,806, a 17.9% increase from the median rent in June 2023 of $2,381. This suggests that the rental market for studios in North Park is becoming more competitive, with landlords able to charge higher rents due to increased demand.
The rental market for 1-bedroom apartments in North Park, California is showing signs of growth. In July 2023, there were 10 new 1-bedroom listings, which is a 25.6% increase from the previous month. The median rent for 1-bedroom apartments in July 2023 was $2,670, which is a significant decrease from the median rent of $3,587 in June 2023. This suggests that the rental market is becoming more affordable for tenants, and that there is an increasing demand for 1-bedroom apartments in North Park.
The rental market for 2-bedroom apartments in North Park, California is showing signs of growth. In July 2023, there were 4 new 2-bedroom listings, which is a 13.3% increase from the previous month. The median rent for 2-bedroom apartments in July 2023 was $3,457, which is a decrease of 13.3% from the median rent in June 2023. This indicates that the rental market for 2-bedroom apartments in North Park is becoming more affordable and is likely to continue to grow in the coming months.