Rental market snapshot for Baywood Knolls, San Mateo

Baywood Knolls rental market summary

The rental market in Baywood Knolls, California is showing signs of growth. In July of 2023, there were 14 new listings, a significant increase from the previous month. The median rent in July 2023 was $2,700, a 10.5% decrease from the previous month. This decrease in rent is likely due to the influx of new listings, as there is now more competition in the market.

However, when compared to the same month in 2022, the median rent in July 2023 was 36.2% lower. This suggests that the rental market in Baywood Knolls is becoming more affordable, likely due to the increased competition from new listings. This could be a great opportunity for renters looking for a new home in the area.

Median rent for all residential properties in Baywood Knolls

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

The most expensive listings and top trending buildings in Baywood Knolls

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

Bedroom Breakdown in Baywood Knolls

Studio
$2,599
MEDIAN RENT
1 Bedroom
$2,645
MEDIAN RENT
2 Bedroom
$3,450
MEDIAN RENT

Baywood Knolls neighborhood apartments rents

The rental market for studios in Baywood Knolls, California is showing signs of growth. In June 2023, there was only one new studio listing, but the median rent for studios increased by 9.4% from May 2023 to June 2023, from $2,375 to $2,599. This suggests that demand for studios in Baywood Knolls is increasing, and that the rental market is becoming more competitive.

The rental market for 1-bedroom apartments in Baywood Knolls, California is relatively stable. In July 2023, there was only one new listing, and the median rent only increased by .2%, from $2,640 in June 2023 to $2,645 in July 2023. This indicates that the rental market is not experiencing any significant changes, and that the prices of 1-bedroom apartments are staying relatively consistent.

The rental market for 2-bedroom apartments in Baywood Knolls, California is showing signs of growth. In May 2023, there were 3 new 2-bedroom listings, which is a positive sign for the market. The median rent for 2-bedroom apartments in May 2023 was $3,450, which is a 4.4% increase from the median rent in April 2023 of $3,304. This indicates that the rental market for 2-bedroom apartments in Baywood Knolls is on the rise and is likely to continue to increase in the coming months.

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 Baywood Knolls is $2,700.
Made withDataherald