Rental market snapshot for Rillito, Tucson

Rillito rental market summary

The rental market in Rillito, Arizona is showing signs of growth. In July 2023, there were 23 new listings, indicating that more people are looking for rental properties in the area. The median rent in July 2023 was $1,830, the same as the median rent in June 2023. This suggests that the rental market is stable and that prices are not increasing significantly.

When comparing the median rent in July 2023 to the median rent in July 2022, there has been a 12.2% increase. This indicates that the rental market in Rillito is growing and that prices are increasing. This could be due to an influx of people looking for rental properties in the area or a shortage of available rental properties.

Median rent for all residential properties in Rillito

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The most expensive listings and top trending buildings in Rillito

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Bedroom Breakdown in Rillito

Studio
$625
MEDIAN RENT
1 Bedroom
$715
MEDIAN RENT
2 Bedroom
$1,250
MEDIAN RENT

Rillito neighborhood apartments rents

The rental market for studios in Rillito, Arizona appears to be relatively stable, with only one new studio listing in May 2022. The median rent for studios in May 2022 is $625, though the median rent for April 2022 is not available, so it is not possible to determine the percent change in rent from April to May. Overall, the rental market for studios in Rillito appears to be relatively stable, with only a small number of new listings and no significant changes in rent.

The rental market for 1-bedroom apartments in Rillito, Arizona saw an increase in activity in March 2021, with 8 new listings added to the market. The median rent for 1-bedroom apartments also increased from $635 in February 2021 to $715 in March 2021, representing a 12.6% increase. This suggests that the rental market for 1-bedroom apartments in Rillito is becoming more competitive, with landlords likely raising their prices to capitalize on the increased demand.

The rental market for 2-bedroom apartments in Rillito, Arizona is relatively stable. In March 2023, there was only one new 2-bedroom listing, indicating that the market is not experiencing a large influx of new rental properties. The median rent for 2-bedroom apartments in March 2023 was $1,250, which is a 4.2% increase from the median rent in February 2023 of $1,200. This suggests that the rental market is slowly increasing in price, but not at an alarming rate.

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 Rillito is $1,830.
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