Rental market snapshot for Bayou St. John, New Orleans
Bayou St. John rental market summary
The rental market in Bayou St. John, Louisiana is showing signs of growth. In July 2023, there were 23 new listings, a sign that the rental market is expanding. The median rent for the month of July 2023 was $1,950, an 8.3% increase from the previous month and a 21.9% increase from the same month in 2022. This indicates that rental prices are increasing in Bayou St. John, making it a desirable place to live.
The increasing rental prices in Bayou St. John, Louisiana are a sign of a healthy rental market. With more new listings and higher median rents, it is clear that the rental market is growing and becoming more attractive to potential renters. This is good news for both landlords and tenants, as it means that there is a greater selection of rental properties available and that rental prices are increasing.
Median rent for all residential properties in Bayou St. John
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The most expensive listings and top trending buildings in Bayou St. John
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
3327 Dumaine St | $4,300 | 3 / 2.0 |
416 S Norman C Francis Pkwy | $2,600 | 4 / 4.0 |
424 S Norman C Francis Pkwy | $2,500 | 4 / 4.0 |
625 N Salcedo St | $2,100 | 3 / 2.0 |
3307 Desoto St | $2,000 | 1 / 1.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Zillow | $1,825 |
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Bedroom Breakdown in Bayou St. John
Bayou St. John neighborhood apartments rents
The rental market for studios in Bayou St. John, Louisiana appears to be relatively stable, with only one new studio listing in September 2022. The median rent for studios in September 2022 is $1,250, though it is not known what the median rent was in August 2022 or what the percent change in rent was from August 2022 to September 2022. Overall, it appears that the rental market for studios in Bayou St. John is relatively stable and that there is not a significant change in rent from month to month.
The rental market for 1-bedroom apartments in Bayou St. John, Louisiana is showing signs of growth. In May 2023, there were two new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in May 2023 was $1,825, a 57.0% increase from the median rent in April 2023 of $1,162. This suggests that the rental market is becoming more competitive and that prices are rising.
The rental market for 2-bedroom apartments in Bayou St. John, Louisiana appears to be stable, with only two new listings in May 2023 and a median rent of $1,450. Unfortunately, no data is available for April 2023, so it is not possible to determine the percent change in rent from April to May. Overall, the rental market for 2-bedroom apartments in Bayou St. John appears to be steady.