Rental market snapshot for Royal Lakes, Jacksonville

Royal Lakes rental market summary

The rental market in Royal Lakes, Florida is showing signs of growth. In July 2023, there were 111 new listings, a significant increase from the previous month. The median rent for July 2023 was $1,875, a slight increase of .3% from the previous month. However, when compared to the same time last year, the median rent has increased by 8.8%, indicating a healthy rental market.

Overall, the rental market in Royal Lakes, Florida is showing positive signs of growth. With more new listings and increasing median rent prices, it is a great time to invest in the rental market in Royal Lakes.

Median rent for all residential properties in Royal Lakes

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The most expensive listings and top trending buildings in Royal Lakes

Most Expensive Listings

AddressRent PriceBed / Bath
7590 Sunnydale Ln$2,4753 / 2.0
8840 Saint Lucia Ct$2,1103 / 2.0
6172 Alpenrose Ave$2,0953 / 2.0
8895 Chambore Dr$2,0953 / 2.0
6172 Alpenrose Ave$2,0703 / 2.0

Top Trending Buildings

building nameavg rent price
Birchstone Residential$1,345

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Bedroom Breakdown in Royal Lakes

Studio
$1,650
MEDIAN RENT
1 Bedroom
$1,261
MEDIAN RENT
2 Bedroom
$1,616
MEDIAN RENT

Royal Lakes neighborhood apartments rents

The rental market for studios in Royal Lakes, Florida appears to be relatively stable, with only one new studio listing in April 2023. The median rent for studios in April 2023 was $1,650, though the median rent for March 2023 is not available, so it is not possible to determine the percent change in rent from March to April. Overall, the rental market for studios in Royal Lakes appears to be relatively stable.

The rental market for 1-bedroom apartments in Royal Lakes, Florida is showing signs of stability. In July 2023, there were 6 new 1-bedroom listings, and the median rent for 1-bedroom apartments decreased by 2.9% from June 2023 to July 2023, from $1,299 to $1,261. This suggests that the rental market is not experiencing any significant changes in pricing or availability.

The rental market for 2-bedroom apartments in Royal Lakes, Florida is showing signs of growth. In July 2023, there were 5 new 2-bedroom listings, which is a positive sign for the market. The median rent for 2-bedroom apartments in July 2023 was $1,616, which is a 2.4% increase from the median rent in June 2023 of $1,578. This indicates that the rental market for 2-bedroom apartments in Royal Lakes is on the rise and is a good sign for potential renters.

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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 Royal Lakes is $1,875.
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