Rental market snapshot for Cherokee Triangle, Louisa

Cherokee Triangle rental market summary

The rental market in Cherokee Triangle, Kentucky is showing signs of growth. In July 2023, there were 25 new listings, indicating that more people are looking to rent in the area. The median rent in July 2023 was $1,150, which is the same as the median rent in June 2023. This suggests that the rental market in Cherokee Triangle is stable and not experiencing any significant changes in pricing.

However, when compared to the median rent in July 2022, there has been a 25.8% increase in rent. This indicates that the rental market in Cherokee Triangle is growing and becoming more expensive. This could be due to an increased demand for rental properties in the area, or it could be due to an increase in the cost of living. Either way, it is clear that the rental market in Cherokee Triangle is on the rise.

Median rent for all residential properties in Cherokee Triangle

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The most expensive listings and top trending buildings in Cherokee Triangle

Most Expensive Listings

AddressRent PriceBed / Bath
2137 Baringer Ave$1,8953 / 1.0
1046 Dudley Ave$1,8002 / 2.0
2177 Baringer Ave$1,6002 / 1.0
2217 Grinstead Dr$1,5002 / 1.0
1042 Everett Ave$1,4002 / 1.0

Top Trending Buildings

building nameavg rent price
Brookside Properties$1,219

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Bedroom Breakdown in Cherokee Triangle

Studio
$1,089
MEDIAN RENT
1 Bedroom
$1,125
MEDIAN RENT
2 Bedroom
$1,489
MEDIAN RENT

Cherokee Triangle neighborhood apartments rents

The rental market for studios in Cherokee Triangle, Kentucky remains relatively stable in June 2023, with only one new studio listing and no change in median rent from May 2023 to June 2023. This indicates that the rental market for studios in Cherokee Triangle is relatively steady and that there is not much fluctuation in the rental prices.

The rental market for 1-bedroom apartments in Cherokee Triangle, Kentucky is showing signs of growth. In July 2023, there were 3 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,125, an 11.1% increase from the median rent in June 2023 of $1,012. This suggests that the rental market in Cherokee Triangle is becoming more competitive, with landlords able to increase their asking prices.

The rental market for 2-bedroom apartments in Cherokee Triangle, Kentucky is relatively stable. In June 2023, there was only one new listing, and the median rent increased by 2.7% from May 2023 to June 2023, from $1,450 to $1,489. This suggests that the rental market is not experiencing any significant changes in the near future.

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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 Cherokee Triangle is $1,150.
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