As an income property owner, you’re probably familiar with the seemingly unpredictable shifts that sometimes affect rental markets. Even the hottest markets are susceptible to sudden cooldowns, proving how necessary it is for investors to always keep up-to-date with current market data.
Whether you’ve owned your rental home for years or you’re about to buy your first income property, having a clear understanding of the current market conditions is the best way to protect your investment and plan for the future.
At Intempus, our team is constantly monitoring current market trends, in order to best assist you as a strategic partner.
Below, we’ve provided a quick summary detailing the latest rental market conditions in Windsor, based on recent Zillow data from all rental properties as of July 2018:
Windsor Rental Market Trends
- Median Monthly Rent: $3,400
- Median Monthly Rent MoM: 8%
- Median Monthly Rent QoQ: 8%
- Median Monthly Rent YoY: 4%
Sonoma County Rental Market Overview
Despite decreasing property values, median rental prices in Sonoma County have dramatically risen YoY. Consequently, investors who own properties in the above-mentioned areas are wise to continue renting out to tenants for the foreseeable future.
Maximize Your ROI With Windsor’s Favorite Property Management Firm
Thanks to our experienced professionals and unmatched client satisfaction, Intempus is proudly known as one of the top property management companies serving the Windsor area. We work closely to provide reliable, professional service for each of our valued clients.
If you’re interested in learning more about our full service property management, please get in touch with our friendly staff today!