Rental market snapshot for City Park, New Orleans
City Park rental market summary
The rental market in City Park, Louisiana is showing signs of growth. In July 2023, there were 20 new listings, indicating an increase in the availability of rental properties. The median rent in July 2023 was $1,800, a 4.3% increase from the previous month, and a 25.0% increase from the same time last year. This suggests that the rental market is becoming more competitive, with landlords able to increase their asking prices.
Overall, the rental market in City Park, Louisiana is on the rise. With more listings available and increasing rents, it is becoming a more attractive option for renters. This could be due to the area's growing popularity, or simply the result of a strong economy. Whatever the cause, it is clear that the rental market in City Park is on the upswing.
Median rent for all residential properties in City Park
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The most expensive listings and top trending buildings in City Park
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 618 N Bernadotte St | $3,100 | 3 / 3.0 |
| 855 Wilson Dr | $2,500 | 3 / 2.0 |
| 619 N Hennessey St | $2,200 | 1 / 1.0 |
| 4105 Orleans Ave | $1,900 | 2 / 1.0 |
| 930 Harding Dr | $1,800 | 2 / 1.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Zillow | $1,100 |
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Bedroom Breakdown in City Park
City Park neighborhood apartments rents
Uh-oh! Looks like we don't have any data in City Park, Louisiana, for studios.
The rental market for 1-bedroom apartments in City Park, 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 median rent in March 2023 or the percent change in rent from March to April, so it is difficult to determine if there has been any significant change in the rental market.
The rental market for 2-bedroom apartments in City Park, Louisiana is showing signs of improvement. In February 2023, there was only one new listing, but the median rent decreased by 22.3% from $1,795 in December 2022 to $1,395 in February 2023. This suggests that the rental market is becoming more affordable for tenants, and that more people may be looking to rent 2-bedroom apartments in the area.