Rental market snapshot for Govans, Baltimore
Govans rental market summary
The rental market in Govans, Maryland is showing signs of growth. In July of 2023, there were 76 new listings, a 9.7% increase from the previous month. This is a sign that the rental market is becoming more competitive, as more people are looking for housing in the area. The median rent in July of 2023 was $1,400, a 25.5% increase from the same time last year. This indicates that the rental market in Govans is becoming more expensive, as demand for housing continues to rise.
Overall, the rental market in Govans is showing signs of growth. With more new listings and an increase in median rent, it is clear that the area is becoming more attractive to potential renters. As the demand for housing continues to rise, it is likely that the rental market in Govans will continue to become more competitive and expensive.
Median rent for all residential properties in Govans
Get the latest rental data first
The most expensive listings and top trending buildings in Govans
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
1100 E 33rd St | $2,549 | 1 / 1.0 |
1100 E 33rd St | $2,511 | 2 / 2.0 |
612 Chestnut Hill Ave | $2,500 | 4 / 2.0 |
1100 E 33rd St | $2,479 | 2 / 2.0 |
1100 E 33rd St | $2,430 | 2 / 2.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Zillow Rental Network | $2,178 |
Atlantic Realty Management Inc. | $1,101 |
Get the latest rental data first
Bedroom Breakdown in Govans
Govans neighborhood apartments rents
The rental market for studios in Govans, Maryland is showing signs of growth. In July 2023, there was only one new studio listing, but the median rent for studios decreased by 21.3% from June 2023 to July 2023, from $1,150 to $905. This suggests that the rental market for studios in Govans is becoming more competitive, with landlords offering lower rents to attract tenants.
The rental market for 1-bedroom apartments in Govans, Maryland is showing signs of growth. In July 2023, there were 6 new 1-bedroom listings, a 76.2% increase from the median rent in June 2023. The median rent for 1-bedroom apartments in July 2023 was $1,940, a significant increase from the median rent in June 2023 of $1,101. This indicates that the rental market for 1-bedroom apartments in Govans is on the rise and is likely to continue to increase in the coming months.
The rental market for 2-bedroom apartments in Govans, Maryland is showing a significant increase in July 2023. There were 7 new 2-bedroom listings in July 2023, and the median rent for these apartments rose from $1,240 in June 2023 to $2,428 in July 2023, representing a 95.8% increase. This indicates that the rental market for 2-bedroom apartments in Govans is becoming increasingly competitive, and renters should be prepared to pay higher prices for these units.