Rental market snapshot for Lake Watkins, Lakeland

Lake Watkins rental market summary

The rental market in Lake Watkins, Florida is showing signs of growth. In July 2023, there were 36 new listings, a 16.4% increase from the previous month. This is a significant increase from the same time last year, when there were only 22 new listings. The median rent in July 2023 was $2,095, an 18.4% increase from the same time last year. This suggests that the rental market in Lake Watkins is becoming increasingly competitive, with more people looking to rent in the area.

The increase in rent is likely due to the growing demand for rental properties in Lake Watkins. With more people looking to rent in the area, landlords are able to increase their prices, leading to a higher median rent. This is a positive sign for the rental market in Lake Watkins, as it suggests that the area is becoming increasingly desirable. With more people looking to rent in the area, it is likely that the rental market will continue to grow in the future.

Median rent for all residential properties in Lake Watkins

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 Lake Watkins

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 Lake Watkins

2 Bedroom
$1,395
MEDIAN RENT

Lake Watkins neighborhood apartments rents

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

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

The rental market for 2-bedroom apartments in Lake Watkins, Florida appears to be relatively stable, with only one new listing in September 2022. The median rent for 2-bedroom apartments in September 2022 is $1,395, indicating that the rental market is not experiencing any significant changes in pricing. Unfortunately, no data is available for August 2022, so it is not possible to determine the percent change in rent from August to September. Overall, the rental market for 2-bedroom apartments in Lake Watkins appears to be relatively stable.

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 Lake Watkins is $2,095.
Made withDataherald