Rental market snapshot for Bywater, New Orleans

Bywater rental market summary

The rental market in Bywater, Louisiana is showing signs of growth. In July of 2023, there were 49 new listings, a significant increase from the previous month. This indicates that more people are looking to rent in the area. The median rent also increased from $2,000 in June of 2023 to $2,150 in July of 2023, a 7.5% increase. This is a significant increase from the median rent of $1,900 in July of 2022, a 13.2% increase. This suggests that the rental market in Bywater is becoming more competitive as demand for rental properties increases.

Overall, the rental market in Bywater is showing signs of growth. With an increase in new listings and a steady rise in median rent, it is clear that the rental market in Bywater is becoming more attractive to potential renters. As the demand for rental properties increases, it is likely that the rental market in Bywater will continue to grow.

Median rent for all residential properties in Bywater

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The most expensive listings and top trending buildings in Bywater

Most Expensive Listings

AddressRent PriceBed / Bath
3131 Royal St$4,5003 / 3.0
522 Montegut St$3,3502 / 2.0
522 Montegut St$3,0002 / 2.0
522 Montegut St$2,9502 / 1.0
522 Montegut St$2,9502 / 2.0

Top Trending Buildings

building nameavg rent price
KEY MANAGEMENT COMPANY$2,625

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Bedroom Breakdown in Bywater

Studio
$550
MEDIAN RENT
1 Bedroom
$2,625
MEDIAN RENT
2 Bedroom
$2,950
MEDIAN RENT

Bywater neighborhood apartments rents

The rental market for studios in Bywater, Louisiana appears to be relatively stable, with only one new listing in September 2022. The median rent for studios in September 2022 is $550, though the median rent for August 2022 is not available. Therefore, it is not possible to determine the percent change in rent from August 2022 to September 2022. Overall, the rental market for studios in Bywater appears to be relatively stable.

The rental market for 1-bedroom apartments in Bywater, Louisiana is showing signs of growth. In July 2023, there were two new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $2,625, a 31.2% increase from the median rent in June 2023, which was $2,000. This suggests that the rental market in Bywater is becoming more competitive, and renters should expect to pay more for 1-bedroom apartments in the area.

The rental market for 2-bedroom apartments in Bywater, Louisiana is showing signs of growth. In July 2023, there were 9 new 2-bedroom listings, representing a 1.7% increase in rent from the previous month. The median rent for 2-bedroom apartments in July 2023 was $2,950, up from $2,900 in June 2023. This indicates that the rental market for 2-bedroom apartments in Bywater is on the rise, and renters should expect to pay more for their apartments in the coming months.

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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 Bywater is $2,150.
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