Rental market snapshot for Water Catchment Area, West Palm Beach

Water Catchment Area rental market summary

The rental market in Water Catchment Area, Florida is showing signs of stability. In July 2023, there were 160 new listings, indicating that the market is still active. The median rent for the same period was $2,275, which is the same as the median rent in June 2023. This suggests that the rental market in Water Catchment Area is not experiencing any significant changes in terms of pricing.

However, when compared to the median rent in July 2022, there has been a 10.5% increase in rent. This indicates that the rental market in Water Catchment Area is slowly becoming more expensive. Despite this, the market is still relatively stable and is showing no signs of slowing down.

Median rent for all residential properties in Water Catchment Area

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The most expensive listings and top trending buildings in Water Catchment Area

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Bedroom Breakdown in Water Catchment Area

1 Bedroom
$1,750
MEDIAN RENT
2 Bedroom
$2,600
MEDIAN RENT

Water Catchment Area neighborhood apartments rents

Uh-oh! Looks like we don't have any data in Water Catchment Area, Florida, for studios.

The rental market for 1-bedroom apartments in Water Catchment Area, Florida is expected to remain relatively stable in August 2022, with only one new listing. The median rent for 1-bedroom apartments is estimated to be $1,750, which is unchanged from July 2022. Overall, the rental market for 1-bedroom apartments in Water Catchment Area, Florida is expected to remain steady in the coming months.

The rental market for 2-bedroom apartments in Water Catchment Area, Florida is showing signs of growth. In February 2023, there was only one new 2-bedroom listing, but the median rent for 2-bedroom apartments increased by 40.5% from January 2023 to February 2023, from $1,850 to $2,600. This suggests that demand for 2-bedroom apartments is increasing, and that the rental market is becoming more competitive.

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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 Water Catchment Area is $2,275.
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