Rental market snapshot for Ortega Farms, Jacksonville

Ortega Farms rental market summary

The rental market in Ortega Farms, Florida is showing signs of stability. In July 2023, there were 92 new listings, indicating that the market is still active. The median rent in July 2023 was $1,430, which is the same as the median rent in June 2023. This suggests that the rental market is not experiencing any significant changes in terms of pricing. Furthermore, the median rent in July 2023 was 1.1% higher than the median rent in July 2022, indicating that the rental market is slowly but steadily increasing in value.

Overall, the rental market in Ortega Farms, Florida appears to be healthy and stable. The number of new listings and the median rent are both increasing, suggesting that the market is growing and that the demand for rental properties is strong. This is good news for both landlords and tenants, as it indicates that the rental market is likely to remain strong in the near future.

Median rent for all residential properties in Ortega Farms

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The most expensive listings and top trending buildings in Ortega Farms

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Bedroom Breakdown in Ortega Farms

1 Bedroom
$1,099
MEDIAN RENT
2 Bedroom
$1,199
MEDIAN RENT

Ortega Farms neighborhood apartments rents

Uh-oh! Looks like we don't have any data in Ortega Farms, Florida, for studios.

The rental market for 1-bedroom apartments in Ortega Farms, Florida is showing signs of growth. In July 2023, there were 3 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,099, a 4.8% increase from the median rent in June 2023 of $1,049. This suggests that the rental market is becoming more competitive, and renters should expect to pay more for 1-bedroom apartments in the area.

The rental market for 2-bedroom apartments in Ortega Farms, Florida is showing signs of growth. In July 2023, there were 4 new 2-bedroom listings, indicating an increase in demand for these types of apartments. The median rent for 2-bedroom apartments in July 2023 was $1,199, which is a 4.1% decrease from the median rent in June 2023. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for 2-bedroom apartments in Ortega Farms, Florida is looking positive.

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 Ortega Farms is $1,430.
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