Rental market snapshot for Southwood, Jacksonville

Southwood rental market summary

The rental market in Southwood, Florida is showing signs of growth. In July 2023, there were 227 new listings, a significant increase from the previous month. The median rent in July 2023 was $2,015, a 1.0% increase from the previous month and a 6.6% increase from the same time last year. This indicates that the rental market in Southwood is becoming more competitive, with more people looking to rent in the area.

The increasing demand for rental properties in Southwood is likely due to the area's growing population and its proximity to major cities. The area is becoming increasingly attractive to renters due to its low cost of living and its close proximity to major employers. With more people looking to rent in the area, the rental market is becoming increasingly competitive, with landlords likely to raise their prices in order to capitalize on the increased demand.

Median rent for all residential properties in Southwood

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The most expensive listings and top trending buildings in Southwood

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Bedroom Breakdown in Southwood

1 Bedroom
$1,195
MEDIAN RENT
2 Bedroom
$1,760
MEDIAN RENT

Southwood neighborhood apartments rents

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

The rental market for 1-bedroom apartments in Southwood, Florida is showing signs of growth. In June 2023, there was one new 1-bedroom listing, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in June 2023 was $1,195, a 2.6% increase from the median rent in April 2023 of $1,165. 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 Southwood, Florida is showing signs of growth. In July 2023, there was only one new 2-bedroom listing, but the median rent for 2-bedroom apartments increased by 22.6% from June 2023 to July 2023, from $1,436 to $1,760. This suggests that demand for 2-bedroom apartments is increasing, and that the rental market is likely to continue to grow in the coming months.

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 Southwood is $2,015.
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