Rental market snapshot for Northwood Hills, West Palm Beach

Northwood Hills rental market summary

The rental market in Northwood Hills, Florida is showing signs of growth. In July 2023, there were 54 new listings, indicating that more people are looking to rent in the area. The median rent in July 2023 was $2,195, a 3.5% increase from the previous month and a 9.8% increase from the same time last year. This suggests that rental prices are on the rise, likely due to increased demand in the area.

Overall, the rental market in Northwood Hills, Florida is looking positive. With more people looking to rent in the area and rental prices increasing, it is a great time to be a landlord in the area. With the right strategies, landlords can capitalize on the current market conditions and maximize their returns.

Median rent for all residential properties in Northwood Hills

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The most expensive listings and top trending buildings in Northwood Hills

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Bedroom Breakdown in Northwood Hills

1 Bedroom
$875
MEDIAN RENT
2 Bedroom
$2,215
MEDIAN RENT

Northwood Hills neighborhood apartments rents

Uh-oh! Looks like we don't have any data in Northwood Hills, Florida, for studios.

The rental market for 1-bedroom apartments in Northwood Hills, Florida appears to be stable, with only two new listings in May 2023. The median rent for 1-bedroom apartments in May 2023 was $875, though the percent change in rent from April 2023 to May 2023 is not available. Overall, the rental market for 1-bedroom apartments in Northwood Hills appears to be steady.

The rental market for 2-bedroom apartments in Northwood Hills, Florida appears to be stable, with only one new listing in May 2023. The median rent for 2-bedroom apartments in May 2023 was $2,215, which suggests that the rental market is not experiencing any significant changes. Unfortunately, no data is available for April 2023, so it is not possible to determine the percent change in rent from April to May. Overall, the rental market for 2-bedroom apartments in Northwood Hills appears to be stable.

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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 Northwood Hills is $2,195.
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