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Rental Market Updates

  • Property Management

    Rental Market Update – September 2024

    Rents in the Conejo Valley continue to rise, with over 50% of available rentals listed for more than $5,000/month, and only 139 homes and condos available for lease—a 10% drop from last month. The solution to high rents lies in increased construction, not rent control, but with California’s high building costs, relief may be slow to come.

    September 17, 2024
  • Property Management

    Rental Market Update – August 2024

    California renters are spending over 35% of their income on rent, similar to homeowners’ mortgage payments. With rental supply at historic lows and high demand, prices continue to rise, challenging the concept of ‘affordable’ housing.

    August 26, 2024
  • Property Management

    Rental Market Update – June 2024

    The Conejo Valley rental market remains tight with available rentals near all-time lows and demand pushing rents higher.

    June 28, 2024
  • Property Management

    Rental Market Update – May 2024

    Demand for rentals continues to outpace supply in the local market, resulting in higher rental prices. With only a limited number of affordable options available, the statistics highlight a growing need for additional Accessory Dwelling Units (ADUs) to accommodate the demand.

    May 7, 2024
  • Property Management

    Rental Market Update – March 2024

    The rental market is tight with high demand and low supply, pushing rents up, as evidenced by only a few affordable options in the MLS, indicating a potential opportunity for investors in local real estate.

    March 7, 2024
  • Property Management

    Rental Market Update – October 2023

    October 19, 2023
  • Property Management

    Rental Market Update – August 2023

    October 18, 2023
  • Property Management

    Rental Market Update – February 2023

    February 15, 2023
  • Property Management

    Rental Market Update – October 2022

    October 13, 2022
  • Property Management

    Rental Market Update – August 2022

    August 15, 2022
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recent posts
  • Rental Market Update – August 2024
    Categories: Property Management
  • Local Mortgage Update – August 2024
    Categories: Mortgage
  • Conejo Valley Real Estate Update – August 2024
    Categories: Real Estate
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