Rental market snapshot for Poinsettia Heights, Fort Lauderdale
Poinsettia Heights rental market summary
The rental market in Poinsettia Heights, Florida is showing signs of growth. In July of 2023, there were 14 new listings, a significant increase from the previous month. The median rent in July 2023 was $3,200, a 17.9% decrease from the previous month and a 23.8% decrease from July 2022. This suggests that the rental market in Poinsettia Heights is becoming more affordable, making it an attractive option for renters.
The decrease in median rent is likely due to the increased competition in the rental market. With more listings available, renters have more options to choose from, which can drive down prices. This is good news for renters, as they can find more affordable housing in Poinsettia Heights. The increased competition also means that landlords must be more competitive in order to attract tenants, which can lead to better rental terms and conditions.
Median rent for all residential properties in Poinsettia Heights
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The most expensive listings and top trending buildings in Poinsettia Heights
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 1621 N Victoria Park Rd | $6,200 | 3 / 2.0 |
| 1715 NE 18th Ave | $5,600 | 2 / 1.0 |
| 1512 NE 17th Way | $5,250 | 2 / 1.0 |
| 1732 NE 18th Ave | $4,200 | 3 / 2.0 |
| 1608 NE 17th Way | $4,000 | 3 / 1.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Zillow | $1,700 |
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Bedroom Breakdown in Poinsettia Heights
Poinsettia Heights neighborhood apartments rents
The rental market for studios in Poinsettia Heights, Florida, is expected to remain relatively stable in December 2022, with three new studio listings entering the market. The median rent for studios in December 2022 is estimated to be $1,350, which is indicative of a steady rental market. However, without data on the median rent in November 2022, it is not possible to determine the exact percent change in rent from November 2022 to December 2022.
The rental market for 1-bedroom apartments in Poinsettia Heights, Florida, saw a slight decrease in March 2023, with only two new listings and a 2.9% decrease in median rent from February 2023 to March 2023. The median rent for 1-bedroom apartments in March 2023 was $1,700, down from $1,750 in February 2023. This suggests that the rental market in Poinsettia Heights is relatively stable, with only small fluctuations in rent prices.
The rental market for 2-bedroom apartments in Poinsettia Heights, Florida is showing signs of growth. In May 2023, there was only one new 2-bedroom listing, but the median rent for 2-bedroom apartments increased by 71.8% from April 2023 to May 2023, from $1,950 to $3,350. This suggests that demand for 2-bedroom apartments is increasing, and that the rental market is becoming more competitive.