Rental market snapshot for Southwest, Lakeland

Southwest rental market summary

The rental market in Southwest Florida is showing signs of stability. In July 2023, there were 61 new listings, indicating that the market is still active. The median rent for the month of July 2023 was $1,895, which is the same as the median rent for June 2023 and July 2022. This indicates that the rental market in Southwest Florida has remained steady over the past year.

Overall, the rental market in Southwest Florida appears to be stable and consistent. There is no significant change in the median rent over the past year, and the number of new listings is still relatively high. This suggests that the rental market in Southwest Florida is healthy and that renters can expect to find a variety of options when searching for a new home.

Median rent for all residential properties in Southwest

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 Southwest

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 Southwest

1 Bedroom
$1,459
MEDIAN RENT
2 Bedroom
$1,631
MEDIAN RENT

Southwest neighborhood apartments rents

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

The rental market for 1-bedroom apartments in Southwest, Florida is relatively stable. In July 2023, there was only one new listing, and the median rent for 1-bedroom apartments decreased by 3.9% from June 2023 to July 2023, from $1,518 to $1,459. This suggests that the rental market is not experiencing any significant changes in the short-term.

The rental market for 2-bedroom apartments in Southwest, Florida appears to be relatively stable, with only one new listing in July 2023 and a median rent of $1,631. Unfortunately, no data is available for June 2023, so it is impossible to determine the percent change in rent from that month. Overall, it appears that the rental market for 2-bedroom apartments in Southwest, Florida is 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 Southwest is $1,895.
Made withDataherald