Rental market snapshot for West Shore Palms, Tampa

West Shore Palms rental market summary

The rental market in West Shore Palms, Florida is showing signs of growth. In July 2023, there were 37 new listings, a significant increase from the previous month. The median rent also increased from $2,790 in June 2023 to $3,695 in July 2023, representing a 32.4% increase. This is a much larger increase than the 60.7% increase from July 2022 to July 2023. This indicates that the rental market in West Shore Palms is growing at a rapid rate.

Overall, the rental market in West Shore Palms is looking very promising. With more new listings and increasing median rents, it is a great time to invest in the area. With the right strategy, investors can take advantage of the current market conditions and make a good return on their investment.

Median rent for all residential properties in West Shore Palms

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The most expensive listings and top trending buildings in West Shore Palms

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Bedroom Breakdown in West Shore Palms

Studio
$1,001
MEDIAN RENT
1 Bedroom
$1,300
MEDIAN RENT
2 Bedroom
$2,150
MEDIAN RENT

West Shore Palms neighborhood apartments rents

The rental market for studios in West Shore Palms, Florida appears to be stable, with only two new listings in October 2020. The median rent for studios in October 2020 was $1,001, though the median rent for September 2020 is not available. Therefore, it is not possible to determine the percent change in rent from September 2020 to October 2020. Overall, the rental market for studios in West Shore Palms appears to be steady.

The rental market for 1-bedroom apartments in West Shore Palms, Florida is showing signs of improvement. In June 2023, there was only one new 1-bedroom listing, but the median rent decreased by 18.5% from May 2023 to June 2023, from $1,595 to $1,300. 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 West Shore Palms, Florida is showing signs of growth. In July 2023, there were 4 new 2-bedroom listings, representing a 13.9% increase in rent from June 2023. The median rent for 2-bedroom apartments in July 2023 was $2,150, indicating that the rental market is on the rise. With the increasing demand for 2-bedroom apartments, it is likely that the rental market in West Shore Palms will continue to grow in the coming months.

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 West Shore Palms is $3,695.
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