Rental market snapshot for Black Pearl, New Orleans

Black Pearl rental market summary

The rental market in Black Pearl, Louisiana is showing signs of growth. In July 2023, there were 19 new listings, a significant increase from the previous month. The median rent in July 2023 was $1,350, a 32.5% decrease from the previous month and a 46.0% decrease from July 2022. This suggests that the rental market in Black Pearl is becoming more affordable, making it an attractive option for renters.

The decrease in median rent is likely due to the influx of new listings in the area, as more properties become available for rent. This increased competition is driving down prices, making it easier for renters to find an affordable place to live. With the rental market in Black Pearl becoming more competitive, it is a great time for renters to take advantage of the lower prices and find a place to call home.

Median rent for all residential properties in Black Pearl

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The most expensive listings and top trending buildings in Black Pearl

Most Expensive Listings

AddressRent PriceBed / Bath
7822 Dominican St$4,9503 / 3.0
402 Millaudon St$2,9503 / 2.0
402 Millaudon St$2,6503 / 2.0
145 Cherokee St$1,3501 / 1.0
257 Cherokee St$1,2002 / 1.0

Top Trending Buildings

building nameavg rent price
Zillow$1,100

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Bedroom Breakdown in Black Pearl

Studio
$1,025
MEDIAN RENT
1 Bedroom
$1,100
MEDIAN RENT
2 Bedroom
$1,725
MEDIAN RENT

Black Pearl neighborhood apartments rents

The rental market for studios in Black Pearl, Louisiana is expected to remain relatively stable in December 2022, with only one new studio listing. The median rent for studios in December 2022 is estimated to be $1,025, though the exact percent change in rent from November 2022 is not available. Overall, the rental market for studios in Black Pearl is expected to remain relatively steady in the near future.

The rental market for 1-bedroom apartments in Black Pearl, Louisiana appears to be stable, with only one new listing in April 2023 and a median rent of $1,100. Unfortunately, no data is available for the month of March 2023, so it is impossible to determine the percent change in rent from that month to April 2023. Overall, the rental market for 1-bedroom apartments in Black Pearl appears to be steady.

The rental market for 2-bedroom apartments in Black Pearl, Louisiana appears to be stable, with only two new listings in May 2023 and a median rent of $1,725. 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 Black Pearl 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 Black Pearl is $1,350.
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