Rental market snapshot for Gentilly Terrace, New Orleans

Gentilly Terrace rental market summary

The rental market in Gentilly Terrace, Louisiana is showing signs of growth. In July 2023, there were 18 new listings, a significant increase from the previous month. The median rent in July 2023 was $1,500, a 31.4% increase from the previous month and a 13.2% increase from the same time last year. This suggests that the rental market in Gentilly Terrace is becoming increasingly competitive, with more people looking to rent in the area.

The increasing demand for rental properties in Gentilly Terrace is likely due to the area's close proximity to New Orleans and its many attractions. With its vibrant culture, diverse restaurants, and vibrant nightlife, Gentilly Terrace is an attractive option for those looking for an affordable place to live. With the increasing demand for rental properties, it is likely that the median rent in Gentilly Terrace will continue to rise in the coming months.

Median rent for all residential properties in Gentilly Terrace

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The most expensive listings and top trending buildings in Gentilly Terrace

Most Expensive Listings

AddressRent PriceBed / Bath
5162 Spain St$2,7003 / 2.0
4170 Peoples Ave$2,0002 / 2.0
2401 Jasmine St$1,5002 / 1.0
3662 Clematis St$1,5003 / 1.0
4775 Baccich St$1,5002 / 1.0

Top Trending Buildings

building nameavg rent price
Zillow$1,200

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Bedroom Breakdown in Gentilly Terrace

Studio
$800
MEDIAN RENT
1 Bedroom
$1,200
MEDIAN RENT
2 Bedroom
$1,300
MEDIAN RENT

Gentilly Terrace neighborhood apartments rents

The rental market for studios in Gentilly Terrace, Louisiana appears to be relatively stable, with only one new studio listing in June 2022. The median rent for studios in June 2022 is $800, though no data is available for May 2022 to compare the change in rent. Overall, it appears that the rental market for studios in Gentilly Terrace is relatively steady, with no major changes in rent or availability.

The rental market for 1-bedroom apartments in Gentilly Terrace, Louisiana appears to be stable, with only one new listing in February 2023 and a median rent of $1,200. Unfortunately, no data is available for December 2022, so it is not possible to determine the percent change in rent from that month to February 2023. Overall, the rental market for 1-bedroom apartments in Gentilly Terrace appears to be steady.

The rental market for 2-bedroom apartments in Gentilly Terrace, Louisiana appears to be relatively stable, with only one new listing in April 2023 and a median rent of $1,300. 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 draw any conclusions about the rental market in Gentilly Terrace.

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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 Gentilly Terrace is $1,500.
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