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

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The most expensive listings and top trending buildings in Govans

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Bedroom Breakdown in Govans

Studio
$905
MEDIAN RENT
1 Bedroom
$1,940
MEDIAN RENT
2 Bedroom
$2,428
MEDIAN RENT

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.

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 Govans is $1,400.
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