Rental market snapshot for Ormewood Park, Atlanta
Ormewood Park rental market summary
The rental market in Ormewood Park, Georgia is showing signs of growth. In July of 2023, there were 113 new listings, indicating an increase in the number of rental properties available. The median rent for the same period was $2,275, which is 8.6% higher than the median rent in July of 2022. This suggests that the rental market in Ormewood Park is becoming more competitive, as more people are looking for rental properties in the area.
Overall, the rental market in Ormewood Park is showing signs of growth. The number of new listings and the median rent are both increasing, indicating that the rental market is becoming more competitive. This could be a great opportunity for potential renters to find a great rental property in the area.
Median rent for all residential properties in Ormewood Park
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The most expensive listings and top trending buildings in Ormewood Park
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 954 Glenwood Ave SE | $4,400 | 3 / 4.0 |
| 748 United Ave SE | $3,800 | 2 / 1.0 |
| 841 Killian Street Southeast | $3,617 | 3 / 2.0 |
| 915 Glenwood Ave SE | $3,416 | 3 / 2.0 |
| 1084 Sanders Ave SE | $3,300 | 3 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Wesley Apartment Homes | $2,013 |
| Woodward Management Partners | $1,699 |
| Grubb Properties | $1,651 |
| Promove Apartments | $1,599 |
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Bedroom Breakdown in Ormewood Park
Ormewood Park neighborhood apartments rents
The rental market for studios in Ormewood Park, Georgia in November 2022 is expected to remain relatively stable. There is only one new studio listing in November 2022, and the median rent for studios is expected to remain the same at $1,610. This indicates that the rental market for studios in Ormewood Park is not expected to experience any significant changes in November 2022.
The rental market for 1-bedroom apartments in Ormewood Park, Georgia is showing signs of growth. In July 2023, there were 18 new 1-bedroom listings, which is a positive sign for the market. The median rent for 1-bedroom apartments in July 2023 was $1,888, which is a 3.1% decrease from the median rent in June 2023 of $1,948. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for 1-bedroom apartments in Ormewood Park, Georgia is looking positive.
The rental market for 2-bedroom apartments in Ormewood Park, Georgia is showing signs of stability. In July 2023, there were 16 new 2-bedroom listings, and the median rent for 2-bedroom apartments remained relatively unchanged from June 2023, with a 1.0% decrease. This suggests that the rental market is not experiencing any significant changes in the short-term, and that the market is likely to remain stable in the near future.