Apartments in Nancy Boyd Park Martinez

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22
$2,140 - 3,090
620 Center Ave Martinez, CA
1 - 2 BR | Available Now
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Cat Friendly
Luxury
Section 8
Covered Parking
15
$2,191 - 6,248
3430 Vista Oaks Dr Martinez, CA
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
12
$2,890
Martinez, CA
2 BR | May. 4, 2024
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Air Conditioning
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Balcony/Deck/Patio
17
$2,218 - 5,927
600 J St Martinez, CA
1 - 2 BR | Available Now
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Luxury
Air Conditioning
Covered Parking
18
$2,095
3221 Alhambra Ave Martinez, CA
2 BR | Available Now
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Storage
Disability Access
Dishwasher
8
$2,450 - 2,550
1455 Arnold Drive Martinez, CA
2 BR | Available Now
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Balcony/Deck/Patio
Dishwasher
20
$2,950
1592 Ashwood Dr Martinez, CA
2 BR | May. 8, 2024
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House
Surface Parking
Storage
$2,600
941 Shell Ave Martinez, CA
2 BR | Available Now
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House
Dishwasher
29
$4,500
101 Johnson Ln Martinez, CA
5 BR | Available Now
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Dishwasher
16
$ Ask - 2,533
142 Fig Tree Lane Martinez, CA
1 - 2 BR | Available Now
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Section 8
Air Conditioning
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Martinez:
May Rent Report

Welcome to the May 2024 Martinez Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Martinez rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Martinez and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Martinez average rent prices in the chart below.

Monthly Rent Report

$2,700
$2,030
$1,350
$680
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Martinez Rent Prices Increase From April to May

Martinez rent prices increased over the last month. From April to May, the city experienced a 8.61% increase for the price of a one-bedroom apartment. The rent price for a Martinez one-bedroom apartments currently stands at $2,574.0.

When we take a look at the two-bedroom comparison from April to May, Martinez experienced a 3.12% increase for the price of a two-bedroom apartment. The rent price for a Martinez two-bedroom apartments currently stands at $2,643.0.

May Prices: Martinez vs. Surrounding Areas

Rent Prices in Martinez and Surrounding Areas

Rent prices have increased in Martinez over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Martinez suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Martinez suburbs

  • Rents did not decrease in any of the Martinez suburbs.

May 2024 Pricing Trends: Martinez vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Martinez Rent Prices More Affordable Than Major Cities

Rent growth in Martinez over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Martinez average rent prices appear to be relatively affordable for local residents.

The price for a Martinez one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Martinez and surrounding area rent prices, take a look at the complete data set below.

Data set for Martinez and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.