Rental market snapshot for Mid-City, New Orleans

Mid-City rental market summary

The rental market in Mid-City, Louisiana is showing signs of stability. On July 31, 2023, there were 149 new listings, indicating that the market is still active. The median rent for the same period was $1,650, which is the same as the median rent for the previous month. This suggests that the rental market in Mid-City is not experiencing any significant changes in pricing.

When comparing the median rent from July 2023 to July 2022, there was a 2.9% increase. This indicates that the rental market in Mid-City is slowly increasing in value, but not at a rapid rate. Overall, the rental market in Mid-City appears to be stable and slowly increasing in value.

Median rent for all residential properties in Mid-City

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The most expensive listings and top trending buildings in Mid-City

Most Expensive Listings

AddressRent PriceBed / Bath
724 S Salcedo St$4,5003 / 2.0
203 S Norman C Francis Pkwy$3,2503 / 3.0
3700 Orleans Ave$2,7402 / 2.0
4600 S Carrollton Ave$2,6004 / 2.0
3700 Orleans Ave$2,5602 / 2.0

Top Trending Buildings

building nameavg rent price
KEY MANAGEMENT COMPANY$1,640

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Bedroom Breakdown in Mid-City

Studio
$1,200
MEDIAN RENT
1 Bedroom
$1,650
MEDIAN RENT
2 Bedroom
$2,332
MEDIAN RENT

Mid-City neighborhood apartments rents

The rental market for studios in Mid-City, Louisiana appears to be relatively stable, with only one new studio listing in April 2023. The median rent for studios in April 2023 was $1,200, indicating that the rental market is not experiencing any significant changes in pricing. Unfortunately, no data is available for the median rent in studios in March 2023, so it is not possible to determine the percent change in rent from March to April. Overall, the rental market for studios in Mid-City appears to be relatively stable.

The rental market for 1-bedroom apartments in Mid-City, Louisiana is showing signs of stability. In July 2023, there were 10 new 1-bedroom listings, and the median rent for 1-bedroom apartments remained relatively unchanged from June 2023, with a 1.2% decrease. This suggests that the rental market in Mid-City is not experiencing any significant changes in terms of pricing or availability.

The rental market for 2-bedroom apartments in Mid-City, Louisiana is showing signs of growth. In July 2023, there were 10 new 2-bedroom listings, which is a 4.8% increase from the median rent in June 2023. The median rent for 2-bedroom apartments in July 2023 was $2,332, which is a decrease of 4.8% from the median rent in June 2023. This indicates that the rental market for 2-bedroom apartments in Mid-City is becoming more affordable and is likely to continue to grow 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 Mid-City is $1,650.
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