Rental market snapshot for Royal Terrace, Jacksonville

Royal Terrace rental market summary

The rental market in Royal Terrace, Florida appears to be stable. In July 2023, there were 20 new listings, and the median rent remained the same as the previous month at $1,320. This indicates that the rental market is not experiencing any significant changes in terms of supply or demand.

When comparing the median rent in July 2023 to the same month in 2022, there was a 5.6% increase. This suggests that the rental market in Royal Terrace is slowly increasing in value, which could be beneficial for landlords in the area. However, the rate of increase is relatively low, so it is unlikely to cause any significant changes in the near future.

Median rent for all residential properties in Royal Terrace

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The most expensive listings and top trending buildings in Royal Terrace

Most Expensive Listings

AddressRent PriceBed / Bath
2268 W 44th St$1,3203 / 2.0
1834 Meharry Ave$1,2503 / 1.0
2227 43rd St W$1,1083 / 2.0

Top Trending Buildings

We currently do not have this data but we are working to add this soon.

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Bedroom Breakdown in Royal Terrace

2 Bedroom
$900
MEDIAN RENT

Royal Terrace neighborhood apartments rents

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

Uh-oh! Looks like we don't have any data in Royal Terrace, Florida, for 1-bedroom apartments.

The rental market for 2-bedroom apartments in Royal Terrace, Florida appears to be relatively stable, with only one new listing in June 2023 and a median rent of $900. Unfortunately, no data is available for May 2023, so it is impossible to determine the percent change in rent from that month to June 2023. Overall, it appears that the rental market for 2-bedroom apartments in Royal Terrace is relatively stable and affordable.

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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 Terrace is $1,320.
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