Markets › Riverside
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Riverside CA
Current market read
Balanced market
ConditionBalanced
Balanced on the yearly data, and steady on the recent monthly signals.
From public data. The situation now, not a forecast.
Renter Google Search InterestGOOGLE · MONTHLY
Rank
No change this month43of 43 metros
Attention, not a verdict. Google searches for apartments to rent.
Momentum · which way it's movingRENT + JOBS · UPDATED MONTHLY
Steady
Holding steady this month, no signal is pulling hard either way.
VacancyCENSUS · 2024
Share of rentals sitting empty
Asking rentZILLOW ZORI · MONTHLY
+1.3%
▲ Year over year
Older annual rent growth, Census
RIVERSIDE
+8.4%
US AVG
+4.7%
Median rentCENSUS · 2024
$2,006/mo
Typical rent, 2024 yearly count
In the news · RiversideNEWS · DAILY
Elme reaches deal to sell last property for $250MDemand vs supplyCENSUS + BLS
Moderate demand
DEMAND
Jobs+0.6%
Migration+0.26/1k
SUPPLY
Permits+45.3%
Vacancy4.8%
Rent vs buyFREDDIE MAC · WEEKLY
+$2,122/mo
Cheaper to rent than buying
$2,006RENT
$4,128OWN
Net migrationCENSUS · 2024
+0.26/1k
▲ Net inflow of residents
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.