Rental market snapshot for Ortega Hills, Jacksonville

Ortega Hills rental market summary

The rental market in Ortega Hills, Florida is showing signs of growth. In July of 2023, there were 440 new listings, a sign that more people are looking to rent in the area. The median rent in July of 2023 was $1,795, the same as the median rent in June of 2023. This indicates that the rental market is stable and not experiencing any drastic changes in prices. However, when compared to the median rent in July of 2022, there has been a 4.4% increase in rent prices. This suggests that the rental market in Ortega Hills is growing and becoming more expensive.

Overall, the rental market in Ortega Hills is showing signs of growth. With more listings and an increase in rent prices, it is becoming an attractive option for renters. The stable prices indicate that the market is not experiencing any drastic changes, making it a reliable option for those looking for a place to rent. With the increasing demand and prices, it is likely that the rental market in Ortega Hills will continue to grow in the coming months.

Median rent for all residential properties in Ortega Hills

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The most expensive listings and top trending buildings in Ortega Hills

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Bedroom Breakdown in Ortega Hills

Studio
$885
MEDIAN RENT
1 Bedroom
$1,720
MEDIAN RENT
2 Bedroom
$1,866
MEDIAN RENT

Ortega Hills neighborhood apartments rents

The rental market for studios in Ortega Hills, Florida appears to be relatively stable, with only one new studio listing in March 2023. The median rent for studios in March 2023 was $885, though the median rent for February 2023 is not available, so it is not possible to calculate the percent change in rent from February to March. Overall, the rental market for studios in Ortega Hills appears to be relatively stable.

The rental market for 1-bedroom apartments in Ortega Hills, Florida, is relatively stable. In July 2023, there were 3 new 1-bedroom listings, and the median rent for 1-bedroom apartments was $1,720, a decrease of .8% from the median rent in June 2023. This suggests that the rental market for 1-bedroom apartments in Ortega Hills is not experiencing any significant changes in terms of pricing or availability.

The rental market for 2-bedroom apartments in Ortega Hills, Florida is showing signs of stability. In July 2023, there were 4 new 2-bedroom listings, and the median rent for 2-bedroom apartments decreased by 2.9% from June 2023 to July 2023, settling at $1,866. This suggests that the rental market is not experiencing any drastic changes, and that the prices of 2-bedroom apartments are staying relatively consistent.

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 Hills is $1,795.
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