Rental market snapshot for Beverly Heights, Fort Lauderdale

Beverly Heights rental market summary

The rental market in Beverly Heights, Florida is showing signs of growth. In July of 2023, there were 44 new listings, indicating an increase in the number of available rental properties. The median rent in July of 2023 was $3,402, a decrease of 1.4% from the previous month, but an increase of 6.2% from the same time last year. This suggests that the rental market is becoming more competitive, with more people looking for rental properties and landlords lowering their prices to attract tenants.

Overall, the rental market in Beverly Heights, Florida appears to be on the rise. With more listings and lower prices, it is becoming an attractive option for those looking for a place to rent. With the increasing demand for rental properties, landlords are likely to continue to lower their prices in order to attract tenants. This could lead to further growth in the rental market in the near future.

Median rent for all residential properties in Beverly Heights

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

The most expensive listings and top trending buildings in Beverly Heights

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

Bedroom Breakdown in Beverly Heights

Studio
$2,470
MEDIAN RENT
1 Bedroom
$3,212
MEDIAN RENT
2 Bedroom
$3,731
MEDIAN RENT

Beverly Heights neighborhood apartments rents

The rental market for studios in Beverly Heights, Florida is showing signs of stability. In July 2023, there was only one new studio listing, indicating that the market is not experiencing a large influx of new properties. The median rent for studios in July 2023 was $2,470, which is a 4.8% decrease from the median rent in June 2023 of $2,595. This suggests that the rental market is not experiencing significant fluctuations in prices, and that the market is relatively stable.

The rental market for 1-bedroom apartments in Beverly Heights, Florida is showing signs of growth. In July 2023, there were 6 new 1-bedroom listings, representing an increase in the number of available units. The median rent for 1-bedroom apartments in July 2023 was $3,212, a 7.9% increase from the median rent in June 2023 of $2,976. 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 Beverly Heights, Florida is showing signs of growth. In July 2023, there were 7 new 2-bedroom listings, representing a 1.2% increase in rent from June 2023. The median rent for 2-bedroom apartments in July 2023 was $3,731, which is higher than the median rent in June 2023 of $3,685. This indicates that the rental market for 2-bedroom apartments in Beverly Heights is on the rise.

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 Beverly Heights is $3,402.
Made withDataherald