Rental market snapshot for Hedrick Acres, Tucson

Hedrick Acres rental market summary

The rental market in Hedrick Acres, Arizona is showing signs of growth. In July 2023, there were 77 new listings, a significant increase from the previous month. The median rent in July 2023 was $1,495, a 10.7% increase from June 2023 and a 25.1% increase from July 2022. This indicates that the rental market in Hedrick Acres is becoming increasingly competitive, with more people looking to rent and landlords able to charge higher prices.

Overall, the rental market in Hedrick Acres is on the rise. With more people looking to rent and landlords able to charge higher prices, it is becoming increasingly difficult to find affordable housing in the area. As the demand for rental properties continues to increase, it is likely that the median rent will continue to rise in the coming months.

Median rent for all residential properties in Hedrick Acres

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The most expensive listings and top trending buildings in Hedrick Acres

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Bedroom Breakdown in Hedrick Acres

Studio
$1,200
MEDIAN RENT
1 Bedroom
$950
MEDIAN RENT
2 Bedroom
$1,410
MEDIAN RENT

Hedrick Acres neighborhood apartments rents

The rental market for studios in Hedrick Acres, Arizona appears to be relatively stable, with only one new studio listing in January 2023 and a median rent of $1,200. Unfortunately, no data is available for December 2022, so it is not possible to determine the percent change in rent from that month to January 2023. Overall, the rental market for studios in Hedrick Acres appears to be relatively stable.

The rental market for 1-bedroom apartments in Hedrick Acres, Arizona is showing signs of growth. In May 2023, there were 3 new 1-bedroom listings, which is an increase from the previous month. The median rent for 1-bedroom apartments in May 2023 was $950, which is a 5.8% increase from the median rent in April 2023 of $898. This suggests that the rental market for 1-bedroom apartments in Hedrick Acres is becoming more competitive, and renters should expect to pay more for their apartments in the coming months.

The rental market for 2-bedroom apartments in Hedrick Acres, Arizona appears to be stable, with 6 new listings in July 2023 and a median rent of $1,410. Unfortunately, no data is available for June 2023, so it is not possible to determine the percent change in rent from June to July. Overall, the rental market for 2-bedroom apartments in Hedrick Acres appears to be steady.

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 Hedrick Acres is $1,495.
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