Rental market snapshot for Treme' Lafitte, New Orleans

Treme' Lafitte rental market summary

The rental market in Treme' Lafitte, Louisiana is showing signs of growth. In July 2023, there were 43 new listings, a significant increase from the previous month. The median rent for the area also increased from $1,700 in June 2023 to $1,800 in July 2023, representing a 5.9% increase. This is a significant jump from the median rent in July 2022, which was $1,195, representing a 50.6% increase.

Overall, the rental market in Treme' Lafitte, Louisiana is on the rise. With more new listings and a steady increase in median rent, the area is becoming an attractive option for potential renters. With the current trend, it is likely that the rental market in Treme' Lafitte will continue to grow in the coming months.

Median rent for all residential properties in Treme' Lafitte

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

The most expensive listings and top trending buildings in Treme' Lafitte

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

Bedroom Breakdown in Treme' Lafitte

Studio
$635
MEDIAN RENT
1 Bedroom
$1,600
MEDIAN RENT
2 Bedroom
$1,275
MEDIAN RENT

Treme' Lafitte neighborhood apartments rents

The rental market for studios in Treme' Lafitte, Louisiana, remains relatively stable. In January 2023, there were two new studio listings, with the median rent remaining the same as in December 2022 at $635. This indicates that there was no significant change in rent from December 2022 to January 2023, with the percent change in rent for studios being 0%. This suggests that the rental market for studios in Treme' Lafitte is relatively stable and that renters can expect to pay the same amount for a studio in the area.

The rental market for 1-bedroom apartments in Treme' Lafitte, Louisiana is showing signs of growth. In May 2023, there was only one new 1-bedroom listing, but the median rent for 1-bedroom apartments increased by 30.6% from March 2023 to May 2023, from $1,225 to $1,600. This suggests that demand for 1-bedroom apartments is increasing, and that the rental market is likely to continue to grow in the coming months.

The rental market for 2-bedroom apartments in Treme' Lafitte, Louisiana is relatively stable. In May 2023, there was only one new 2-bedroom listing, indicating that the market is not experiencing a large influx of new rental properties. The median rent for 2-bedroom apartments in May 2023 was $1,275, which is a 12.1% decrease from the median rent in March 2023 of $1,450. This suggests that the rental market is not experiencing significant inflation, and that rental prices are staying relatively 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 Treme' Lafitte is $1,800.
Made withDataherald