Rental market snapshot for Patterson Park, Baltimore

Patterson Park rental market summary

The rental market in Patterson Park, Maryland is showing signs of growth. In July of 2023, there were 56 new listings, a 17.9% increase from the previous month. This indicates that the rental market is becoming increasingly competitive, as more people are looking to rent in the area. The median rent in July of 2023 was $1,650, a 13.2% increase from the same time last year. This suggests that the rental market is becoming more expensive, as demand for rental properties is increasing.

Overall, the rental market in Patterson Park, Maryland is becoming more competitive and expensive. With more people looking to rent in the area, the median rent is increasing and the number of new listings is growing. This trend is likely to continue in the coming months, as the rental market in the area continues to show signs of growth.

Median rent for all residential properties in Patterson Park

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The most expensive listings and top trending buildings in Patterson Park

Most Expensive Listings

AddressRent PriceBed / Bath
129 N Lakewood Ave$2,8503 / 3.5
12 N Linwood Ave$2,8003 / 3.0
2329 E Fayette St$2,5005 / 2.0
2524 E Fayette St$2,4755 / 2.0
219 N Belnord Ave$2,1503 / 4.0

Top Trending Buildings

building nameavg rent price
Zillow$1,950

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Bedroom Breakdown in Patterson Park

1 Bedroom
$1,950
MEDIAN RENT
2 Bedroom
$1,648
MEDIAN RENT

Patterson Park neighborhood apartments rents

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

The rental market for 1-bedroom apartments in Patterson Park, Maryland is showing signs of growth. In May 2023, there was only one new 1-bedroom listing, but the median rent for 1-bedroom apartments increased by 77.3% from April 2023 to May 2023, from $1,100 to $1,950. This suggests that demand for 1-bedroom apartments in Patterson Park is increasing, and that the rental market is likely to continue to grow in the coming months.

The rental market for 2-bedroom apartments in Patterson Park, Maryland is expected to remain relatively stable in September 2022, with only two new listings and a modest 3.0% increase in median rent from August 2022 to September 2022. The median rent for a 2-bedroom apartment in September 2022 is estimated to be $1,648, up from $1,600 in August 2022. This suggests that the rental market in Patterson Park is relatively stable and that demand for 2-bedroom apartments is steady.

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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 Patterson Park is $1,650.
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