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

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Bedroom Breakdown in University Heights

Studio
$2,688
MEDIAN RENT
1 Bedroom
$3,350
MEDIAN RENT
2 Bedroom
$5,080
MEDIAN RENT

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.

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in University Heights is $3,365.
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