Rental market snapshot for University City, San Diego
University City rental market summary
The rental market in University City, California is showing signs of growth. In July of 2023, there were 331 new listings, a significant increase from the previous month. The median rent in July 2023 was $3,795, an 8.4% increase from the previous month. This is a 3.7% increase from the median rent in July 2022, indicating that the rental market is continuing to grow.
The increasing number of listings and rising median rent prices suggest that the rental market in University City is becoming more competitive. With more options available, renters have the opportunity to find a home that meets their needs and budget. As the rental market continues to grow, it is likely that the median rent prices will continue to rise.
Median rent for all residential properties in University City
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The most expensive listings and top trending buildings in University City
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 4055 Caminito Cassis | $8,000 | 4 / 3.0 |
| 4397 Benhurst Ave | $7,600 | 6 / 4.0 |
| 4200 Brooke Ct | $7,390 | 3 / 2.0 |
| 7079 Lipmann St | $7,200 | 6 / 4.0 |
| 2597 Soderblom Ave | $6,500 | 3 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Greystar Real Estate - National - JPM | $4,386 |
| TIAA-CREF - Greystar | $3,046 |
| RW Selby & Co. Inc. | $3,013 |
| TICAC | $2,899 |
| Property West Residential | $2,795 |
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Bedroom Breakdown in University City
University City neighborhood apartments rents
The rental market for studios in University City, California is showing signs of growth. In July 2023, there were two new studio listings, and the median rent for studios increased by 22.7% from June 2023 to July 2023, from $2,638 to $3,236. This suggests that the demand for studios in University City is increasing, and that the rental market is becoming more competitive.
The rental market for 1-bedroom apartments in University City, California is showing signs of stability. In July 2023, there were 42 new 1-bedroom listings, and the median rent for 1-bedroom apartments only decreased by .8% from June 2023 to July 2023, from $3,025 to $3,002. This indicates that the rental market is not experiencing any drastic changes, and that the prices of 1-bedroom apartments are staying relatively consistent.
The rental market for 2-bedroom apartments in University City, California is showing a slight increase in July 2023. There were 59 new 2-bedroom listings in July, and the median rent for 2-bedroom apartments increased by .2% from June to July, from $4,123 to $4,131. This indicates that the rental market is slowly improving, and that there is an increasing demand for 2-bedroom apartments in the area.