Rental market snapshot for Lake Frendrica, Orlando

Lake Frendrica rental market summary

The rental market in Lake Frendrica, Florida is showing signs of growth. In July 2023, there were 25 new listings, a 4.0% increase from the previous month. This is a positive sign for the rental market, as it suggests that more people are looking to rent in the area. The median rent in July 2023 was $1,794, a 6.7% increase from the same time last year. This indicates that the rental market is continuing to grow, and that rental prices are increasing.

Overall, the rental market in Lake Frendrica, Florida is looking strong. With more listings and increasing rental prices, it is a great time to be a renter in the area. The market is showing signs of growth, and it is likely that this trend will continue in the future.

Median rent for all residential properties in Lake Frendrica

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The most expensive listings and top trending buildings in Lake Frendrica

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Bedroom Breakdown in Lake Frendrica

Studio
$1,459
MEDIAN RENT
1 Bedroom
$1,399
MEDIAN RENT
2 Bedroom
$1,620
MEDIAN RENT

Lake Frendrica neighborhood apartments rents

The rental market for studios in Lake Frendrica, Florida, is relatively stable. In June 2023, there was only one new studio listing, and the median rent remained the same as it was in May 2023 at $1,459. This indicates that the rental market for studios in Lake Frendrica is not experiencing any significant changes in terms of rent prices.

The rental market for 1-bedroom apartments in Lake Frendrica, Florida is showing signs of growth. In July 2023, there were 4 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,399, a 7.7% decrease from the median rent in June 2023 of $1,516. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants.

The rental market for 2-bedroom apartments in Lake Frendrica, Florida is showing signs of growth. In July 2023, there were 5 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 $1,620, which is 8.5% lower than the median rent in June 2023. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for 2-bedroom apartments in Lake Frendrica is looking positive.

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 Frendrica is $1,794.
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