Rental market snapshot for University Heights, San Diego
University Heights rental market summary
The rental market in University Heights, California is showing signs of growth. In July 2023, there were 116 new listings, a significant increase from the previous month. The median rent also increased from $3,010 in June 2023 to $3,365 in July 2023, representing an 11.8% increase. This is a larger increase than the 12.4% increase from July 2022 to July 2023. These figures suggest that the rental market in University Heights is becoming more competitive, with more people looking to rent in the area.
The increasing demand for rental properties in University Heights is likely due to the area's close proximity to major universities and other amenities. With more people looking to rent in the area, landlords are able to increase their rents to capitalize on the increased demand. This is likely to continue as the area continues to attract more people looking for rental properties.
Median rent for all residential properties in University Heights
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The most expensive listings and top trending buildings in University Heights
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
101 Park Blvd | $6,600 | 3 / 2.0 |
101 Park Blvd | $6,495 | 2 / 2.0 |
101 Park Blvd | $6,440 | 3 / 2.0 |
101 Park Blvd | $6,350 | 2 / 2.0 |
101 Park Blvd | $6,240 | 3 / 2.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Holland Partner Group | $3,519 |
Quarterra | $3,503 |
HGFentonCompany | $3,100 |
Cal-prop Management Inc. | $1,990 |
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Bedroom Breakdown in University Heights
University Heights neighborhood apartments rents
The rental market for studios in University Heights, California appears to be stable, with four new listings in July 2023 and a median rent of $2,688. This suggests that the demand for studios in the area is steady, and that the rental market is not experiencing any significant changes.
The rental market for 1-bedroom apartments in University Heights, California is showing signs of growth. In July 2023, there were 11 new 1-bedroom listings, a 22.9% increase in median rent from June 2023 to July 2023, and a median rent of $3,350. This indicates that the rental market is becoming more competitive and that demand for 1-bedroom apartments is increasing.
The rental market for 2-bedroom apartments in University Heights, California is showing signs of growth. In July 2023, there were 19 new 2-bedroom listings, a significant increase from the previous month. The median rent for 2-bedroom apartments in July 2023 was $5,080, a 38.2% increase from the median rent in June 2023 of $3,675. This suggests that the rental market for 2-bedroom apartments in University Heights is becoming increasingly competitive, with demand for these units outpacing supply.