2-bedroom units led activity with 43 of the 84 closed rentals (51%), at a median rent of $6,000/mo. Half of the recorded rents fell between $4,875 and $6,200/mo, and the full range was $3,550 to $25,000/mo. Closings showed a median of 30 days on market and a median of $5.44 per square foot per month. There are 16 units for rent listed today, roughly 2.3 months of supply at the current pace of closings.
In the 12 months to September 24, 2026, 84 rentals closed at Paraiso Bay with a median monthly rent of $5,650/mo. Half of the closings were between $4,875 and $6,200/mo, and the range ran from $3,550 to $25,000/mo.
The median time on market was 30 days for the 84 closings recorded between October 14, 2025 – September 24, 2026. Properties with realistic pricing typically move faster than the average: the median, not the mean, is used here because it is not distorted by outliers.
The median price per square foot was $5.44 per month over the last 12 months, based on 84 recorded closings. Price per square foot is the most reliable way to compare units of different sizes in the same building.
1-bedroom units: median $4,550/mo (32 closings); 2-bedroom units: median $6,000/mo (43 closings); 3-bedroom units: median $8,450/mo (6 closings); 4-bedroom units: median $20,000/mo (3 closings). Figures cover the last 12 months of closed MLS records for this building.
There are 16 units available for rent listed at Paraiso Bay today, with a median asking price of $9,450/mo. At the current pace of rental closings, that inventory represents about 2.3 months of supply — a tight market that tends to favour owners.
The figures are computed directly from closed transaction records in the MLS for Paraiso Bay, covering the 12 months from October 14, 2025 – September 24, 2026 (84 closings). Median values are used instead of averages to avoid distortion by a few very high or very low transactions, and price per square foot is calculated only for units with a recorded living area. The report is descriptive: it summarises what was actually registered, and it is not an appraisal or a price opinion.