Rental market snapshot for North Central, San Mateo

North Central rental market summary

The rental market in North Central, California is showing signs of growth. In July 2023, there were 40 new listings, a 14% increase from the previous month. This suggests that the rental market is becoming more active. The median rent in July 2023 was $3,250, a 5.8% increase from the same time last year. This indicates that rental prices are increasing in North Central, California.

Overall, the rental market in North Central, California is showing signs of growth. The number of new listings is increasing and the median rent is rising. This suggests that the rental market is becoming more active and that rental prices are increasing. This could be a sign of a healthy rental market in the area.

Median rent for all residential properties in North Central

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The most expensive listings and top trending buildings in North Central

Most Expensive Listings

AddressRent PriceBed / Bath
321 Elm St$6,5004 / 5.0
829 N Idaho St$6,4004 / 2.5
425 Grand Blvd$4,7502 / 1.0
153 N San Mateo Dr$4,5003 / 3.0
618 1st Ave$4,2003 / 2.0

Top Trending Buildings

building nameavg rent price
Zillow$2,300

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Bedroom Breakdown in North Central

Studio
$1,850
MEDIAN RENT
1 Bedroom
$2,300
MEDIAN RENT
2 Bedroom
$3,200
MEDIAN RENT

North Central neighborhood apartments rents

The rental market for studios in North Central, California is showing signs of growth. In May 2023, there was only one new studio listing, but the median rent for studios increased by 7.5% from $2,000 in March 2023 to $1,850 in May 2023. This suggests that demand for studio apartments is increasing, and that landlords are able to raise their rents accordingly.

The rental market for 1-bedroom apartments in North Central, California is showing signs of stability. In May 2023, there was only one new listing, indicating that the market is not experiencing a large influx of new properties. The median rent for 1-bedroom apartments in May 2023 was $2,300, which is a 9.7% decrease from the median rent in April 2023. This suggests that the rental market is not experiencing significant inflation, and that prices are staying relatively stable.

The rental market for 2-bedroom apartments in North Central, California is relatively stable. In May 2023, there was only one new listing, and the median rent remained the same as it was in March 2023 at $3,200. This indicates that the rental market is not experiencing any significant changes in terms of pricing or availability.

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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 North Central is $3,250.
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