|Specialty||# of Agencies|
|Single House or Condo||10|
|Home Owners Association||12|
|Total Local Companies||24|
The average rent for a 3 bedroom house in Riverside, CA is $1,582.00. When you receive your requested free market assessment, compare the average rent to what a property manager expects your property to rent for before making your decision on which manager to hire.
Riverside, CA Rental Market Overview
Economically, California's coastal cities are currently making a stronger comeback as inland cities, which explains why the National Association of Realtors (NAR)believe more investors will venture into the Riverside-San Bernardino market as confidence builds. Rental properties west of Interstate 15 should command the most interest, according to the Marcus & Millichap report.
Single-unit landlords and investors are choosing to buy and renovate quality single-family homes in this area before large development companies start building. That's why many property owners consult with local property management companies before expanding the rental assets in their portfolios. These companies work closely with property owners and tenants to better understand the intricacies of the Riverside rental market.