Rental market snapshot for Optimist Park NE, Tempe

Optimist Park NE rental market summary

The rental market in Optimist Park NE, Arizona is showing signs of growth. In July 2023, there were 25 new listings, a 5.4% increase from the previous month. This suggests that the rental market in the area is becoming more active. The median rent in July 2023 was $2,295, a 3.1% increase from the same time last year. This indicates that rental prices are slowly increasing in the area, likely due to increased demand.

Overall, the rental market in Optimist Park NE, Arizona appears to be healthy and growing. With more new listings and an increase in median rent, the area is becoming an attractive option for renters. As the market continues to grow, it is likely that rental prices will continue to rise.

Median rent for all residential properties in Optimist Park NE

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The most expensive listings and top trending buildings in Optimist Park NE

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Bedroom Breakdown in Optimist Park NE

Optimist Park NE neighborhood apartments rents

Uh-oh! Looks like we don't have any data in Optimist Park NE, Arizona, for studios.

Uh-oh! Looks like we don't have any data in Optimist Park NE, Arizona, for 1-bedroom apartments.

Uh-oh! Looks like we don't have any data in Optimist Park NE, Arizona, for 2-bedroom apartments.

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 Optimist Park NE is $2,295.
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