Rental market snapshot for Riverton, Portland

Riverton rental market summary

The rental market in Riverton, Maine is showing signs of stability. In July 2023, there were 11 new listings, indicating that the market is still active and growing. The median rent for the month of July 2023 was $1,712, which is the same as the median rent for June 2023. This suggests that the rental market is not experiencing any significant fluctuations in pricing.

When comparing the median rent for July 2023 to the median rent for July 2022, there was a 3.8% increase. This indicates that the rental market in Riverton is slowly but steadily increasing in value. Overall, the rental market in Riverton is showing signs of stability and growth, making it an attractive option for potential renters.

Median rent for all residential properties in Riverton

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 Riverton

Most Expensive Listings

AddressRent PriceBed / Bath
1375 Forest Ave$2,1002 / 1.0
723 Riverside St$1,7832 / 1.0
723 Riverside St$1,7672 / 1.0
1375 Forest Ave$1,7122 / 1.0
1375 Forest Ave$1,6502 / 1.0

Top Trending Buildings

building nameavg rent price
Princeton Properties$1,320

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 Riverton

Studio
$1,174
MEDIAN RENT
1 Bedroom
$1,320
MEDIAN RENT
2 Bedroom
$1,775
MEDIAN RENT

Riverton neighborhood apartments rents

The rental market for studios in Riverton, Maine appears to be stable, with only two new listings in June 2023 and a median rent of $1,174. Unfortunately, no data is available for May 2023, so it is not possible to determine the percent change in rent from May to June. Overall, the rental market for studios in Riverton appears to be steady and stable.

The rental market for 1-bedroom apartments in Riverton, Maine is relatively stable. In July 2023, there was only one new listing, and the median rent for 1-bedroom apartments was $1,320, which is a 5.0% decrease from the median rent in May 2023. This suggests that the rental market is not experiencing any significant changes in the near future.

The rental market for 2-bedroom apartments in Riverton, Maine is showing signs of growth. In July 2023, there were 6 new 2-bedroom listings, indicating an increase in demand for these types of apartments. The median rent for 2-bedroom apartments in July 2023 was $1,775, a 1.3% increase from the median rent in June 2023. This suggests that the rental market for 2-bedroom apartments in Riverton is becoming more competitive, and renters should expect to pay slightly more for these types of apartments in the near future.

Explore other Portland Neighborhoods

Downtown
West End
East End
Oakdale

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 Riverton is $1,712.
Made withDataherald