Rental market snapshot for Lakewood Heights, Atlanta

Lakewood Heights rental market summary

The rental market in Lakewood Heights, Georgia is showing signs of growth. In July 2023, there were 417 new listings, a sign that the market is expanding. The median rent for the month of July 2023 was $1,550, a 1.3% increase from the previous month. This is a 5.2% increase from the median rent in July 2022, indicating that the rental market is becoming more competitive.

Overall, the rental market in Lakewood Heights is looking positive. With an increasing number of listings and rising median rent prices, it is becoming an attractive option for renters. The market is becoming more competitive, so renters should be prepared to act quickly when they find a property they like.

Median rent for all residential properties in Lakewood Heights

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The most expensive listings and top trending buildings in Lakewood Heights

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Bedroom Breakdown in Lakewood Heights

Studio
$700
MEDIAN RENT
1 Bedroom
$1,115
MEDIAN RENT
2 Bedroom
$1,339
MEDIAN RENT

Lakewood Heights neighborhood apartments rents

The rental market for studios in Lakewood Heights, Georgia, is relatively stable. In June 2022, there were two new studio listings, but the median rent stayed the same at $700. This indicates that the rental market is not experiencing any significant changes in terms of pricing. This is good news for renters, as it means that they can expect to find affordable housing in the area.

The rental market for 1-bedroom apartments in Lakewood Heights, Georgia is showing signs of growth. In July 2023, there were 5 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,115, a decrease of 9.0% from the median rent in June 2023 of $1,225. 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 Lakewood Heights, Georgia is showing signs of stability. In July 2023, there were 9 new 2-bedroom listings, and the median rent for 2-bedroom apartments was $1,339, a 1.4% decrease from the median rent in June 2023. This suggests that the rental market is not experiencing any significant changes in pricing, and that the market is likely to remain stable in the near future.

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 Lakewood Heights is $1,550.
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