Rental market snapshot for Grove Park, Baltimore

Grove Park rental market summary

The rental market in Grove Park, Maryland is showing signs of growth. In July 2023, there were 18 new listings, indicating an increase in demand for rental properties in the area. The median rent for the month of July 2023 was $1,495, which is the same as the median rent for June 2023. This suggests that the rental market in Grove Park is stable and not experiencing any significant changes in pricing.

However, when compared to the median rent in July 2022, there has been a 12.8% increase in rent prices. This indicates that the rental market in Grove Park is becoming more competitive and that rental prices are rising. This could be due to an increase in demand for rental properties in the area, or it could be due to an increase in the cost of living in the area. Either way, it is clear that the rental market in Grove Park is growing and that rental prices are on the rise.

Median rent for all residential properties in Grove Park

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The most expensive listings and top trending buildings in Grove Park

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Bedroom Breakdown in Grove Park

2 Bedroom
$1,309
MEDIAN RENT

Grove Park neighborhood apartments rents

Uh-oh! Looks like we don't have any data in Grove Park, Maryland, for studios.

Uh-oh! Looks like we don't have any data in Grove Park, Maryland, for 1-bedroom apartments.

The rental market for 2-bedroom apartments in Grove Park, Maryland is relatively stable. In July 2023, there was only one new listing, indicating that the market is not experiencing a large influx of new properties. The median rent for 2-bedroom apartments in July 2023 was $1,309, which is a 4.8% increase from the median rent in June 2023 of $1,249. This suggests that the rental market is slowly increasing in price, but not at an alarming rate.

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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 Grove Park is $1,495.
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