Rental market snapshot for Touro, New Orleans

Touro rental market summary

The rental market in Touro, Louisiana is showing signs of growth. In July of 2023, there were 28 new listings, a 6.1% increase from the previous month. This is a positive sign for the rental market, as it indicates that more people are interested in renting in the area. Furthermore, the median rent in Touro has increased 25.5% from July of 2022 to July of 2023, from $2,350 to $1,750. This is a significant increase, and it suggests that the rental market in Touro is becoming more attractive to potential renters.

Overall, the rental market in Touro is looking positive. With an increase in new listings and a significant rise in median rent, it appears that the rental market is becoming more attractive to potential renters. This is good news for those looking to rent in Touro, as it suggests that the rental market is becoming more competitive and that there are more options available.

Median rent for all residential properties in Touro

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The most expensive listings and top trending buildings in Touro

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Bedroom Breakdown in Touro

Studio
$995
MEDIAN RENT
1 Bedroom
$1,312
MEDIAN RENT
2 Bedroom
$2,500
MEDIAN RENT

Touro neighborhood apartments rents

The rental market for studios in Touro, Louisiana is expected to remain relatively stable in September 2022, with only one new studio listing. The median rent for studios is expected to increase slightly by 4.7%, from $950 in August 2022 to $995 in September 2022. This modest increase suggests that the rental market for studios in Touro is likely to remain steady in the near future.

The rental market for 1-bedroom apartments in Touro, Louisiana appears to be stable, with only two new listings in April 2023 and a median rent of $1,312. Unfortunately, no data is available for the median rent in March 2023, so it is not possible to determine the percent change in rent from March to April. Overall, the rental market for 1-bedroom apartments in Touro appears to be relatively stable.

The rental market for 2-bedroom apartments in Touro, Louisiana appears to be relatively stable, with only one new listing in April 2023 and a median rent of $2,500. Unfortunately, no data is available for the median rent in March 2023, so it is not possible to determine the percent change in rent from March to April. Overall, it appears that the rental market for 2-bedroom apartments in Touro is relatively stable and consistent.

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 Touro is $1,750.
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