Rental market snapshot for North Gateway, Phoenix

North Gateway rental market summary

The rental market in North Gateway, Arizona is showing signs of stability. In July 2023, there were 959 new listings, indicating that the market is still active. The median rent for the month of July 2023 was $2,380, which is the same as the median rent for June 2023. This suggests that the rental market in North Gateway is not experiencing any significant changes in terms of pricing. Furthermore, when compared to the median rent for July 2022, there has only been a 0.4% increase in rent, indicating that the rental market is not experiencing any significant inflation.

Overall, the rental market in North Gateway, Arizona appears to be stable and healthy. The number of new listings in July 2023 is indicative of a healthy market, and the lack of significant changes in rent prices suggests that the market is not experiencing any major fluctuations. This is good news for both landlords and tenants in North Gateway, as it ensures that the rental market remains stable and affordable.

Median rent for all residential properties in North Gateway

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The most expensive listings and top trending buildings in North Gateway

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Bedroom Breakdown in North Gateway

Studio
$1,329
MEDIAN RENT
1 Bedroom
$1,435
MEDIAN RENT
2 Bedroom
$1,643
MEDIAN RENT

North Gateway neighborhood apartments rents

The rental market for studios in North Gateway, Arizona is showing signs of growth. In July 2023, there was only one new studio listing, but the median rent increased by 7.8% from June 2023 to July 2023, from $1,232 to $1,329. This suggests that demand for studio apartments is increasing, and that the rental market is becoming more competitive.

The rental market for 1-bedroom apartments in North Gateway, Arizona is showing signs of growth. In July 2023, there were 12 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,435, a 6.1% decrease from the median rent in June 2023. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for 1-bedroom apartments in North Gateway appears to be on the rise.

The rental market for 2-bedroom apartments in North Gateway, Arizona is showing signs of stability. In July 2023, there were 15 new 2-bedroom listings, and the median rent for 2-bedroom apartments decreased by 5.0% from June 2023 to July 2023, settling at $1,643. This suggests that the rental market is not experiencing any drastic changes, and that the prices of 2-bedroom apartments are staying relatively consistent.

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 North Gateway is $2,380.
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