Rental market snapshot for West End, Portland
West End rental market summary
The rental market in West End, Maine is showing signs of growth. In July of 2023, there were 24 new listings, a significant increase from the previous month. The median rent for the month of July 2023 was $2,071, a 28.6% decrease from the previous month and a 44.0% decrease from the same time last year. This suggests that the rental market in West End, Maine is becoming more affordable for renters.
The decrease in median rent from the previous month and the same time last year is a positive sign for renters in West End, Maine. The increase in new listings indicates that there is an abundance of rental options available, giving renters more choice and flexibility when it comes to finding a place to live. With the rental market becoming more affordable, West End, Maine is an attractive option for renters looking for a place to call home.
Median rent for all residential properties in West End
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The most expensive listings and top trending buildings in West End
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
52 State St | $4,950 | 5 / 3.0 |
169 Danforth St | $2,250 | 1 / 1.0 |
144 State St | $2,071 | 1 / 1.0 |
144 State St | $1,775 | 0 / 1.0 |
Top Trending Buildings
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Bedroom Breakdown in West End
West End neighborhood apartments rents
The rental market for studios in West End, Maine appears to be stable, with five new listings in July 2023 and a median rent of $1,775. Unfortunately, no data is available for June 2023, so it is not possible to determine the percent change in rent from June to July. Overall, the rental market for studios in West End appears to be steady and stable.
The rental market for 1-bedroom apartments in West End, Maine appears to be stable, with four new listings in July 2023 and a median rent of $2,071. Unfortunately, no data is available for June 2023, so it is not possible to determine the percent change in rent from that month. Overall, the rental market for 1-bedroom apartments in West End appears to be steady.
The rental market for 2-bedroom apartments in West End, Maine is showing signs of growth. In April 2023, there was only one new 2-bedroom listing, but the median rent for these apartments increased by 70.0% from March 2023 to April 2023, from $1,794 to $3,050. This suggests that demand for 2-bedroom apartments in West End is increasing, and that the rental market is likely to continue to grow in the coming months.