Rental market snapshot for East Rock, New Haven
East Rock rental market summary
The rental market in East Rock, Connecticut is showing signs of growth. In July 2023, there were 79 new listings, a 4.1% increase from the previous month. This indicates that more people are looking for rental properties in the area. The median rent also increased from $2,695 in June 2023 to $2,805 in July 2023, a 12.2% increase from the same time last year. This suggests that the demand for rental properties is increasing, and landlords are able to charge higher prices for their properties.
Overall, the rental market in East Rock, Connecticut is showing positive signs of growth. The number of new listings and the median rent have both increased, indicating that more people are looking for rental properties in the area. This is likely due to the area's strong economy and job market, which are attracting more people to the area. With the increasing demand for rental properties, landlords are able to charge higher prices for their properties, which is a positive sign for the rental market in East Rock.
Median rent for all residential properties in East Rock
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The most expensive listings and top trending buildings in East Rock
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 318 Willow St | $4,800 | 4 / 2.0 |
| 1050 State St | $4,280 | 1 / 1.0 |
| 847 State St | $4,200 | 4 / 2.5 |
| 847 State St | $4,100 | 4 / 2.5 |
| 250 Willow St | $4,000 | 4 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Zillow | $1,667 |
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Bedroom Breakdown in East Rock
East Rock neighborhood apartments rents
The rental market for studios in East Rock, Connecticut is showing signs of improvement in April 2023. There were three new studio listings in April, and the median rent for studios decreased by 13.4% from March to April, from $2,307 to $1,998. This suggests that the rental market is becoming more competitive, with more options available for renters and lower prices.
The rental market for 1-bedroom apartments in East Rock, Connecticut is showing signs of growth. In May 2023, there were 3 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in May 2023 was $1,600, a decrease of 19.8% from the median rent in April 2023 of $1,995. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants.
The rental market for 2-bedroom apartments in East Rock, Connecticut is relatively stable. In June 2023, there was only one new listing, and the median rent was $2,000. This is a 12.9% decrease from the median rent in April 2023, which was $2,298. This suggests that the rental market is not experiencing any significant changes in the short-term.