Rental market snapshot for NTNA - West Rio, Tempe

NTNA - West Rio rental market summary

The rental market in NTNA - West Rio, Arizona is showing signs of growth. In July 2023, there were 35 new listings, a 5.4% increase from the previous month. This indicates that the rental market is becoming more active and that more people are looking for rental properties in the area. The median rent also increased from $2,019 in June 2023 to $2,129 in July 2023, a 1.9% increase from the same period last year. This suggests that rental prices are rising in the area, likely due to increased demand.

Overall, the rental market in NTNA - West Rio, Arizona is showing signs of growth. With more new listings and increasing rental prices, it appears that the area is becoming an attractive option for renters. This could be due to the area's proximity to downtown Phoenix, as well as its growing amenities and attractions. As the rental market continues to grow, it is likely that more people will be drawn to the area in search of rental properties.

Median rent for all residential properties in NTNA - West Rio

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

The most expensive listings and top trending buildings in NTNA - West Rio

Most Expensive Listings

AddressRent PriceBed / Bath
615 E Weber Dr$2,8292 / 2.5
615 E Weber Dr$2,7892 / 2.5
600 E Curry Rd$2,7791 / 2.0
600 E Curry Rd$2,6593 / 2.0
615 E Weber Dr$2,4592 / 2.0

Top Trending Buildings

building nameavg rent price
Camden$1,872

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

Bedroom Breakdown in NTNA - West Rio

Studio
$1,669
MEDIAN RENT
1 Bedroom
$1,709
MEDIAN RENT
2 Bedroom
$2,309
MEDIAN RENT

NTNA - West Rio neighborhood apartments rents

The rental market for studios in NTNA - West Rio, Arizona is relatively stable. In May 2023, there was only one new studio listing, and the median rent for studios only decreased by .6% from April 2023 to May 2023, from $1,679 to $1,669. This suggests that the rental market for studios in NTNA - West Rio, Arizona is not experiencing any significant changes in terms of rent prices or availability.

The rental market for 1-bedroom apartments in NTNA - West Rio, Arizona is showing signs of growth. In July 2023, there were 7 new 1-bedroom listings, representing a 4.3% increase in median rent from June 2023. The median rent for 1-bedroom apartments in July 2023 was $1,709, indicating that the rental market is on the rise. With more listings and higher rents, it is likely that the rental market in NTNA - West Rio, Arizona will continue to grow in the coming months.

The rental market for 2-bedroom apartments in NTNA - West Rio, Arizona is showing signs of growth. In July 2023, there were 11 new 2-bedroom listings, a 9.5% increase in median rent from June 2023 to July 2023, and a median rent of $2,309. This indicates that the rental market is becoming more competitive and that demand for 2-bedroom apartments is increasing.

Explore other Tempe Neighborhoods

Baseline-Hardy
NTNA - College
Optimist Park NE
Cyprus Southwest
Tempe Royal Estates
Evergreen

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 NTNA - West Rio is $2,129.
Made withDataherald