Rental market snapshot for Estrella, Phoenix

Estrella rental market summary

The rental market in Estrella, Arizona is showing signs of growth. In July 2023, there were 4,159 new listings, a significant increase from the previous month. The median rent for July 2023 was $2,085, a slight increase of .2% from June 2023. This is a 1.0% increase from July 2022, indicating that the rental market in Estrella is on the rise.

Overall, the rental market in Estrella is strong and growing. With a steady increase in new listings and a slight increase in median rent, the market is showing signs of a healthy and sustainable growth. This is great news for potential renters looking for a place to call home in Estrella.

Median rent for all residential properties in Estrella

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The most expensive listings and top trending buildings in Estrella

Most Expensive Listings

AddressRent PriceBed / Bath
8215 W Pueblo Avenue$3,3804 / 2.5
8036 W Forest Grove Ave$3,2003 / 2.0
8225 W Illini St$3,1203 / 2.0
3316 S 71ST AVE$3,0703 / 2.0
5536 W Southgate Ave$2,9404 / 2.0

Top Trending Buildings

building nameavg rent price
On Q Property Management$850
Zillow$850

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Bedroom Breakdown in Estrella

Studio
$1,100
MEDIAN RENT
1 Bedroom
$850
MEDIAN RENT
2 Bedroom
$1,600
MEDIAN RENT

Estrella neighborhood apartments rents

The rental market for studios in Estrella, Arizona is relatively stable. In June 2023, there was only one new studio listing, and the median rent remained the same as it was in April 2023 at $1,100. This indicates that the rental market for studios in Estrella is not experiencing any significant changes in terms of rent prices.

The rental market for 1-bedroom apartments in Estrella, Arizona is showing signs of growth. In May 2023, there were two new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in May 2023 was $850, a decrease of 14.6% from the median rent in April 2023 of $995. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants.

The rental market for 2-bedroom apartments in Estrella, Arizona is showing signs of growth. In July 2023, there were 5 new 2-bedroom listings, which is a positive sign for the market. The median rent for 2-bedroom apartments in July 2023 was $1,600, which is a 9.9% decrease from the median rent in June 2023 of $1,775. This suggests that the rental market is becoming more affordable for tenants.

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in Estrella is $2,085.
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