Rental market snapshot for Algeirs Point, New Orleans

Algeirs Point rental market summary

The rental market in Algeirs Point, Louisiana is showing signs of growth. In July 2023, there were 19 new listings, a 5.3% increase from the previous month. This is a positive sign for the rental market, as it indicates that more people are looking for rental properties in the area.

The median rent in Algeirs Point has also seen a significant increase over the past year. In July 2023, the median rent was $2,000, a 42.9% increase from the same period in 2022. This is a clear indication that the rental market in Algeirs Point is on the rise, and that more people are looking to rent in the area.

Median rent for all residential properties in Algeirs Point

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The most expensive listings and top trending buildings in Algeirs Point

Most Expensive Listings

AddressRent PriceBed / Bath
323 Morgan St$3,4003 / 2.5
232 Bermuda St$2,6002 / 1.5
225 Vallette St$2,5003 / 2.0
323 Morgan St$2,5002 / 2.5
430 Elmira Ave$2,0003 / 2.0

Top Trending Buildings

building nameavg rent price
Zillow$1,142

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Bedroom Breakdown in Algeirs Point

1 Bedroom
$1,150
MEDIAN RENT
2 Bedroom
$2,545
MEDIAN RENT

Algeirs Point neighborhood apartments rents

Uh-oh! Looks like we don't have any data in Algeirs Point, Louisiana, for studios.

The rental market for 1-bedroom apartments in Algeirs Point, Louisiana is expected to be quite active in July 2022, with 3 new listings entering the market. The median rent for 1-bedroom apartments is expected to decrease by 14.8% from June 2022 to July 2022, from $1,350 to $1,150. This decrease in rent could be an attractive option for renters looking for a more affordable option in the area.

The rental market for 2-bedroom apartments in Algeirs Point, Louisiana appears to be stable, with only two new listings in April 2023 and a median rent of $2,545. Unfortunately, no data is available for the median rent in March 2023, so it is not possible to determine the percent change in rent from March to April. Overall, the rental market for 2-bedroom apartments in Algeirs Point appears to be steady.

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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 Algeirs Point is $2,000.
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