Rental market snapshot for Leonidas, New Orleans
Leonidas rental market summary
The rental market in Leonidas, Louisiana is showing signs of growth. In July 2023, there were 64 new listings, a significant increase from the previous month. The median rent for the month of July 2023 was $1,695, a 5.8% decrease from the previous month. However, when compared to the same month in the previous year, the median rent has increased by 15.2%. This indicates that the rental market in Leonidas is becoming increasingly competitive, with more people looking to rent in the area.
Overall, the rental market in Leonidas is on the rise. With more people looking to rent in the area, the demand for rental properties is increasing. This is driving up the median rent, making it more expensive for renters. However, with the number of new listings increasing, there are still plenty of options for renters to choose from.
Median rent for all residential properties in Leonidas
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The most expensive listings and top trending buildings in Leonidas
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 2522 S Carrollton Ave | $4,500 | 3 / 2.5 |
| 2708 S Carrollton Ave | $3,700 | 4 / 2.5 |
| 8604 Willow St | $3,300 | 3 / 3.0 |
| 8715 Willow St | $3,100 | 3 / 2.0 |
| 2522 S Carrollton Ave | $2,800 | 3 / 2.5 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Prytania Properties | $1,250 |
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Bedroom Breakdown in Leonidas
Leonidas neighborhood apartments rents
The rental market for studios in Leonidas, Louisiana appears to be relatively stable, with only one new studio listing in August 2022. The median rent for studios in August 2022 is $1,015, though the median rent for July 2022 is not available, so it is not possible to determine the percent change in rent from July 2022 to August 2022. Overall, the rental market for studios in Leonidas appears to be relatively stable.
The rental market for 1-bedroom apartments in Leonidas, 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 $1,250, an 8.7% increase from the median rent in June 2023 of $1,150. This suggests that the rental market is becoming more competitive, and landlords are able to increase their asking prices.
The rental market for 2-bedroom apartments in Leonidas, Louisiana is showing signs of growth. In May 2023, there was only one new 2-bedroom listing, but the median rent for 2-bedroom apartments increased by 19.5% from April 2023 to May 2023, from $1,548 to $1,850. This suggests that demand for 2-bedroom apartments is increasing, and that the rental market is likely to continue to grow in the coming months.