Rental market snapshot for Southwestern Hills, Des Moines
Southwestern Hills rental market summary
The rental market in Southwestern Hills, Iowa is showing signs of growth. In July 2023, there were 26 new listings, a sign that the rental market is becoming more active. The median rent for the area has also increased significantly over the past year, with a 28.9% increase from July 2022 to July 2023. This is a clear indication that the rental market is becoming more competitive and that demand for rental properties is increasing.
The median rent for Southwestern Hills, Iowa increased again in July 2023, this time by 3.8% from June 2023. This is a sign that the rental market is continuing to grow and that demand for rental properties is still strong. With the number of new listings increasing and the median rent continuing to rise, it is clear that the rental market in Southwestern Hills, Iowa is in a healthy state.
Median rent for all residential properties in Southwestern Hills
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The most expensive listings and top trending buildings in Southwestern Hills
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
4444 Park Lawn Dr | $1,495 | 3 / 1.5 |
4200 Park Ave | $1,298 | 3 / 2.0 |
4446 SW Park Lawn Dr | $1,295 | 2 / 1.5 |
4400 Park Ave | $1,240 | 2 / 2.0 |
2221 Stanton Ave | $1,085 | 2 / 2.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Broadmoor Development | $1,015 |
Archstone Residential LLC | $850 |
BH Management Services LLC | $815 |
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Bedroom Breakdown in Southwestern Hills
Southwestern Hills neighborhood apartments rents
The rental market for studios in Southwestern Hills, Iowa appears to be relatively stable, with only two new listings in July 2023 and a median rent of $922. Unfortunately, no data is available for June 2023, so it is not possible to determine the percent change in rent from June to July. Overall, it appears that the rental market for studios in Southwestern Hills is relatively stable and consistent.
The rental market for 1-bedroom apartments in Southwestern Hills, Iowa is showing signs of growth. In July 2023, there were 4 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $920, an 8.2% increase from the median rent in June 2023 of $850. This suggests that the rental market is becoming more competitive, with landlords able to increase their prices due to the increased demand.
The rental market for 2-bedroom apartments in Southwestern Hills, Iowa is showing signs of stability. In July 2023, there were 6 new 2-bedroom listings, and the median rent for 2-bedroom apartments decreased by 2.0% from June 2023 to July 2023, from $998 to $978. This suggests that the rental market is not experiencing any significant changes in pricing or availability.