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

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

The most expensive listings and top trending buildings in Bayou St. John

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

Bedroom Breakdown in Bayou St. John

Studio
$1,250
MEDIAN RENT
1 Bedroom
$1,825
MEDIAN RENT
2 Bedroom
$1,450
MEDIAN RENT

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.

Explore other New Orleans Neighborhoods

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 Bayou St. John is $1,950.
Made withDataherald