Rental market snapshot for Rosemary District, Sarasota

Rosemary District rental market summary

The rental market in Rosemary District, Florida is showing signs of growth. In July 2023, there were 21 new listings, a significant increase from the previous month. The median rent in July 2023 was $3,219, an 11.2% increase from June 2023 and a 32.5% increase from July 2022. This indicates that the rental market in Rosemary District is becoming increasingly competitive, with more people looking to rent in the area.

The increasing demand for rental properties in Rosemary District is likely due to the area's desirable location and amenities. With its close proximity to the beach, shopping, and dining, Rosemary District is an attractive option for renters. The increasing median rent is a sign that the rental market is becoming more competitive, and that renters should act quickly if they want to secure a property in the area.

Median rent for all residential properties in Rosemary District

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 Rosemary District

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 Rosemary District

Studio
$1,962
MEDIAN RENT
1 Bedroom
$2,728
MEDIAN RENT
2 Bedroom
$2,995
MEDIAN RENT

Rosemary District neighborhood apartments rents

The rental market for studios in Rosemary District, Florida, appears to be stable. In June 2023, there were two new studio listings, and the median rent for studios was $1,962. Unfortunately, no data is available for the median rent in May 2023, so it is not possible to calculate the percent change in rent from May to June. However, the fact that the median rent remained the same suggests that the rental market for studios in Rosemary District is stable.

The rental market for 1-bedroom apartments in Rosemary District, Florida is showing signs of growth. In July 2023, there were two new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $2,728, a 20.4% increase from the median rent in June 2023 of $2,266. 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 Rosemary District, Florida, is showing signs of improvement. In June 2023, there were 7 new 2-bedroom listings, which is a positive sign for the market. The median rent for 2-bedroom apartments in June 2023 was $2,995, which is 8.4% lower than the median rent in May 2023. This suggests that the rental market is becoming more affordable for tenants. Overall, the rental market for 2-bedroom apartments in Rosemary District, Florida, 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 Rosemary District is $3,219.
Made withDataherald