Rental market snapshot for Secret Cove, Jacksonville

Secret Cove rental market summary

The rental market in Secret Cove, Florida is showing signs of stability. In July 2023, there were 127 new listings, indicating that the rental market is still active. The median rent for the month of July 2023 was $1,650, which is the same as the median rent for June 2023. This suggests that the rental market is not experiencing any significant changes in pricing. When compared to the median rent from July 2022, there has been a 6.8% increase in rent. This indicates that the rental market in Secret Cove is slowly increasing in value.

Overall, the rental market in Secret Cove is showing signs of stability. With the same median rent for June and July 2023, as well as a 6.8% increase in rent from July 2022, it appears that the rental market is slowly increasing in value. With 127 new listings in July 2023, it is clear that the rental market is still active and that there are plenty of options for potential renters.

Median rent for all residential properties in Secret Cove

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

The most expensive listings and top trending buildings in Secret Cove

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

Bedroom Breakdown in Secret Cove

Studio
$1,326
MEDIAN RENT
1 Bedroom
$1,501
MEDIAN RENT
2 Bedroom
$1,647
MEDIAN RENT

Secret Cove neighborhood apartments rents

The rental market for studios in Secret Cove, Florida is showing signs of improvement in December 2021. There are two new studio listings, and the median rent has decreased by 5.7% from November 2021 to December 2021, from $1,406 to $1,326. This suggests that the rental market is becoming more affordable for those looking for studio apartments in the area.

The rental market for 1-bedroom apartments in Secret Cove, Florida is showing signs of growth. In July 2023, there were two new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,501, a 9.1% increase from the median rent in June 2023 of $1,376. This suggests that the rental market is becoming more competitive, with landlords able to increase their prices due to the increased demand.

The rental market for 2-bedroom apartments in Secret Cove, 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 5.3% from June 2023 to July 2023, settling at $1,647. 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 Secret Cove is $1,650.
Made withDataherald