Rental market snapshot for Jonestown, Baltimore

Jonestown rental market summary

The rental market in Jonestown, Maryland is showing signs of growth. In July of 2023, there were 144 new listings, a significant increase from the previous month. This indicates that more people are looking for rental properties in the area. The median rent in July 2023 was $2,715, a slight increase of 1.1% from the previous month and a .6% increase from July 2022. This suggests that the rental market in Jonestown is slowly increasing in value.

Overall, the rental market in Jonestown appears to be on the rise. With more listings and a steady increase in median rent, it is likely that the rental market will continue to grow in the coming months. This could be a great opportunity for those looking to invest in rental properties in the area.

Median rent for all residential properties in Jonestown

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 Jonestown

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 Jonestown

Studio
$2,323
MEDIAN RENT
1 Bedroom
$2,780
MEDIAN RENT
2 Bedroom
$3,994
MEDIAN RENT

Jonestown neighborhood apartments rents

The rental market for studios in Jonestown, Maryland is showing signs of growth. In July 2023, there were 11 new studio listings, indicating an increase in demand for rental units. The median rent for studios in July 2023 was $2,323, a 2.8% increase from the median rent in June 2023. This suggests that the rental market for studios in Jonestown is becoming more competitive, with landlords able to increase their asking prices.

The rental market for 1-bedroom apartments in Jonestown, Maryland is relatively stable. In July 2023, there were 19 new 1-bedroom listings, and the median rent for 1-bedroom apartments was $2,780, only a .5% decrease from the median rent in June 2023. This indicates that the rental market for 1-bedroom apartments in Jonestown is relatively steady, with only minor fluctuations in rent prices.

The rental market for 2-bedroom apartments in Jonestown, Maryland is showing signs of growth. In July 2023, there were 8 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 $3,994, which is 8.5% lower than the median rent in June 2023. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for 2-bedroom apartments in Jonestown, Maryland is looking positive.

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 Jonestown is $2,715.
Made withDataherald