Rental market snapshot for Oakdale, Portland

Oakdale rental market summary

The rental market in Oakdale, Maine is showing signs of growth. In July 2023, there were 13 new listings, a significant increase from the previous month. The median rent for the month of July 2023 was $1,747, an 8.2% increase from the previous month and a 1.3% increase from the same month in the previous year. This indicates that the rental market in Oakdale is steadily increasing, with more people looking to rent in the area.

The increasing median rent in Oakdale is likely due to the increasing demand for rental properties in the area. With more people looking to rent in the area, landlords are able to charge higher prices for their properties. This is likely to continue in the future, as more people look to take advantage of the growing rental market in Oakdale.

Median rent for all residential properties in Oakdale

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 Oakdale

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 Oakdale

Studio
$2,300
MEDIAN RENT
1 Bedroom
$1,455
MEDIAN RENT
2 Bedroom
$1,747
MEDIAN RENT

Oakdale neighborhood apartments rents

The rental market for studios in Oakdale, Maine appears to be relatively stable, with only one new studio listing in September 2022. The median rent for studios in September 2022 is $2,300, though no data is available for August 2022 to compare the change in rent. Overall, it appears that the rental market for studios in Oakdale is relatively steady.

The rental market for 1-bedroom apartments in Oakdale, Maine in July 2023 is relatively stable. There were 4 new listings in July, and the median rent remained the same as the previous month at $1,455. This indicates that the rental market is not experiencing any significant changes in terms of pricing or availability.

The rental market for 2-bedroom apartments in Oakdale, Maine is showing signs of growth. In July 2023, there were 3 new 2-bedroom listings, which is a positive sign for the market. The median rent for 2-bedroom apartments in July 2023 was $1,747, which is a 12.4% increase from the median rent in June 2023 of $1,554. This indicates that the rental market for 2-bedroom apartments in Oakdale is on the rise and is likely to continue to increase in the coming months.

Explore other Portland Neighborhoods

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 Oakdale is $1,747.
Made withDataherald