Rental market snapshot for Northgate, Colorado Springs

Northgate rental market summary

The rental market in Northgate, Colorado is showing signs of stability. In July 2023, there were 52 new listings, indicating that the market is still active. The median rent in July 2023 was $1,995, the same as it was in June 2023. This suggests that the rental market is not experiencing any significant changes in prices. However, when compared to July 2022, the median rent has decreased by 16.7%, indicating that the rental market has become more affordable in the past year.

Overall, the rental market in Northgate, Colorado appears to be relatively stable and affordable. With the number of new listings remaining steady and the median rent decreasing, it is a good time for renters to consider Northgate as a potential place to live.

Median rent for all residential properties in Northgate

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The most expensive listings and top trending buildings in Northgate

Most Expensive Listings

AddressRent PriceBed / Bath
12417 Salmon Stone Point$3,3004 / 3.5
828 Salmon Pond Way$3,3005 / 4.0
1036 Hillside Oaks Pl$3,1005 / 3.5
12336 Stanley Canyon Rd$2,9995 / 2.5
1036 Hillside Oaks Pl$2,9955 / 3.5

Top Trending Buildings

building nameavg rent price
GIG$1,780
Asset Living$1,637
Allied Orion Group$1,627

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Bedroom Breakdown in Northgate

1 Bedroom
$1,656
MEDIAN RENT
2 Bedroom
$2,174
MEDIAN RENT

Northgate neighborhood apartments rents

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

The rental market for 1-bedroom apartments in Northgate, Colorado is showing signs of growth. In July 2023, there were 8 new 1-bedroom listings, representing an increase in the number of available units. The median rent for 1-bedroom apartments in July 2023 was $1,656, a 4.5% increase from the median rent in June 2023. This suggests that demand for 1-bedroom apartments in Northgate is increasing, and that landlords are able to raise their rents accordingly.

The rental market for 2-bedroom apartments in Northgate, Colorado is relatively stable. In July 2023, there were only two new listings, and the median rent for 2-bedroom apartments decreased by 7.8% from June 2023 to July 2023, from $2,359 to $2,174. This suggests that the rental market is not experiencing any significant changes in the near future.

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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 Northgate is $1,995.
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