Rental market snapshot for Reservoir, Little Rock

Reservoir rental market summary

The rental market in Reservoir, Arkansas is showing signs of growth. In July of 2023, there were 31 new listings, indicating an increase in the availability of rental properties. The median rent for the month of July 2023 was $800, which is 3.6% lower than the median rent of $830 in June of 2023. This suggests that rental prices are becoming more affordable in the area. Furthermore, the median rent in July 2023 was 7.5% lower than the median rent of $865 in July 2022, indicating that rental prices have decreased over the past year. This could be due to an increase in the supply of rental properties, or a decrease in demand. Either way, it is clear that the rental market in Reservoir, Arkansas is becoming more affordable.

Median rent for all residential properties in Reservoir

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The most expensive listings and top trending buildings in Reservoir

Most Expensive Listings

AddressRent PriceBed / Bath
15 Meredith Ct$1,1002 / 2.0
23 Towne Park Ct$1,0752 / 1.0
12 Meredith Ct$1,0002 / 2.0
1701 Sanford Dr$9502 / 1.5
1809 Reservoir Rd$9002 / 1.5

Top Trending Buildings

building nameavg rent price
Eighteen Capital Group (AG613)$740

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Bedroom Breakdown in Reservoir

1 Bedroom
$740
MEDIAN RENT
2 Bedroom
$975
MEDIAN RENT

Reservoir neighborhood apartments rents

Uh-oh! Looks like we don't have any data in Reservoir, Arkansas, for studios.

The rental market for 1-bedroom apartments in Reservoir, Arkansas is showing signs of growth. In June 2023, there was only one new 1-bedroom listing, but the median rent for 1-bedroom apartments increased by 14.0% from May 2023 to June 2023, from $649 to $740. This suggests that demand for 1-bedroom apartments is increasing, and that the rental market is becoming more competitive.

The rental market for 2-bedroom apartments in Reservoir, Arkansas in May 2023 is relatively stable. There were 5 new listings in May, and the median rent remained the same as in April at $975. This indicates that the rental market is not experiencing any significant changes in terms of pricing or availability.

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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 Reservoir is $800.
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