Rental market snapshot for Upper Eastside, Miami
Upper Eastside rental market summary
The rental market in Upper Eastside, Florida is showing positive signs of growth. In July 2023, there were 187 new listings, a 4.9% increase from the same time last year. The median rent also increased by 1.8% from June to July, and by 4.9% from July 2022 to July 2023. This suggests that the rental market in Upper Eastside is becoming more competitive, with more people looking to rent in the area.
The increasing demand for rental properties in Upper Eastside is likely due to the area's attractive amenities and location. With its close proximity to beaches, parks, and other attractions, Upper Eastside is becoming an increasingly desirable place to live. This is reflected in the increasing median rent, as more people are willing to pay more for the convenience and quality of life that Upper Eastside offers.
Median rent for all residential properties in Upper Eastside
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The most expensive listings and top trending buildings in Upper Eastside
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 1200 NE 82nd St | $15,000 | 4 / 4.0 |
| 720 NE 69th St | $12,500 | 3 / 5.0 |
| 681 NE 57th St | $8,000 | 3 / 3.5 |
| 940 NE 71st St | $7,100 | 4 / 3.0 |
| 555 NE 73rd St | $5,800 | 4 / 3.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Panco Management | $3,069 |
| Zillow Rental Network | $2,250 |
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Bedroom Breakdown in Upper Eastside
Upper Eastside neighborhood apartments rents
The rental market for studios in Upper Eastside, Florida is showing signs of growth in July 2023. There are 8 new studio listings, and the median rent has decreased by 4.2% from June 2023 to July 2023, from $2,782 to $2,665. This indicates that the rental market is becoming more competitive, with more options available for renters. This could be a great opportunity for those looking for a studio in the area, as they may be able to find a great deal.
The rental market for 1-bedroom apartments in Upper Eastside, Florida in July 2023 is relatively stable. There were 11 new 1-bedroom listings in July 2023, but the median rent for 1-bedroom apartments remained the same as in June 2023 at $2,875, indicating no change in rent from month to month. This suggests that the rental market in Upper Eastside is relatively stable and that there is no significant increase or decrease in rent prices.
The rental market for 2-bedroom apartments in Upper Eastside, Florida is showing signs of growth. In July 2023, there were 8 new 2-bedroom listings, indicating an increase in demand for these types of apartments. The median rent for 2-bedroom apartments in July 2023 was $3,875, a 2.4% increase from the median rent in June 2023. This suggests that the rental market for 2-bedroom apartments in Upper Eastside is becoming more competitive, with landlords likely to increase their prices in order to attract tenants.