Rental Market Update – March 2024

Published On: March 7, 2024106 words0.5 min read

The number of available rentals remains low and demand continues to exceed supply, driving rents higher. Upon searching the MLS I found only 103 homes and condos for rent, roughly 25% of those were listed for more than $6,000/month. I found 10 listed for less than $2,500/month, 9 of which were I bedroom, I bath condos less than 800 SF. I found only 4 typical Conejo Valley single-family homes; 1,400 SF to 2,100 SF with 4 bedrooms and 2 bathrooms available for less than $5,000/month… and they weren’t fancy. If you’d like to find out how you can diversify your investment portfolio with local real estate, without being a landlord, give me a call.

Summit Property Management

Looking for professional, reliable property management? Contact Summit Property Management today to ensure your property is in the best hands!

news via inbox

Nulla turp dis cursus. Integer liberos  euismod pretium faucibua