Rental market snapshot for Wellswood, Tampa
Wellswood rental market summary
The rental market in Wellswood, Florida is showing signs of growth. On July 31, 2023, there were 40 new listings, a 17.4% increase from the previous month. This suggests that the rental market is becoming more competitive and that more people are looking for rental properties in the area. The median rent in Wellswood, Florida has also increased from $1,925 in July 2022 to $2,180 in June 2023, a 6.5% increase. This indicates that rental prices are on the rise, making it more difficult for renters to find affordable housing.
Overall, the rental market in Wellswood, Florida is showing signs of growth. With more new listings and increasing rental prices, it is becoming more difficult for renters to find affordable housing. However, the increasing competition in the rental market could lead to more options for renters in the future.
Median rent for all residential properties in Wellswood
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The most expensive listings and top trending buildings in Wellswood
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 2107 W Ferris Ave | $2,900 | 4 / 3.0 |
| 4713 N Rome Ave | $2,900 | 3 / 2.0 |
| 2117 West Saint Sophia Street | $2,250 | 3 / 1.5 |
| 2211 W Woodlawn Ave | $1,995 | 4 / 2.0 |
| 2711 W Heiter St | $1,900 | 2 / 1.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| RAM Partners LLC | $1,625 |
| Sinatra and Company Real Estate | $1,555 |
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Bedroom Breakdown in Wellswood
Wellswood neighborhood apartments rents
The rental market for studios in Wellswood, Florida in June 2023 is relatively stable, with only two new listings and no change in median rent from May 2023. The median rent for studios in June 2023 is $1,237, which is slightly higher than the median rent for studios in the area in May 2023. This suggests that the rental market for studios in Wellswood is relatively stable and that there is not much fluctuation in rental prices.
The rental market for 1-bedroom apartments in Wellswood, Florida is showing signs of growth. In July 2023, there were 3 new 1-bedroom listings, which is a 7.5% increase from the previous month. The median rent for 1-bedroom apartments in July 2023 was $1,555, which is a 7.5% increase from the median rent in June 2023. This indicates that the rental market for 1-bedroom apartments in Wellswood is on the rise, and renters should expect to pay more for their apartments in the coming months.
The rental market for 2-bedroom apartments in Wellswood, Florida is showing signs of stability. In July 2023, there were 5 new 2-bedroom listings, and the median rent for 2-bedroom apartments only increased by 1.6% from June 2023 to July 2023, from $1,702 to $1,675. This indicates that the rental market is not experiencing any drastic changes, and that the prices of 2-bedroom apartments are staying relatively consistent.