Rental market snapshot for Fondern-Cherokee Heights, Jackson

Fondern-Cherokee Heights rental market summary

The rental market in Fondern-Cherokee Heights, Mississippi is showing signs of growth. In July 2023, there were 16 new listings, indicating an increase in demand for rental properties. The median rent in July 2023 was $1,075, a 2.3% increase from the previous month and a 26.5% increase from the same time last year. This suggests that the rental market in Fondern-Cherokee Heights is becoming more competitive, with rents increasing as more people look for rental properties.

Overall, the rental market in Fondern-Cherokee Heights is on the rise. With more new listings and increasing rents, it is becoming an attractive option for renters looking for a place to call home. As the rental market continues to grow, it is likely that rents will continue to increase, making it a great investment opportunity for landlords.

Median rent for all residential properties in Fondern-Cherokee Heights

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The most expensive listings and top trending buildings in Fondern-Cherokee Heights

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Bedroom Breakdown in Fondern-Cherokee Heights

1 Bedroom
$925
MEDIAN RENT
2 Bedroom
$1,150
MEDIAN RENT

Fondern-Cherokee Heights neighborhood apartments rents

Uh-oh! Looks like we don't have any data in Fondern-Cherokee Heights, Mississippi, for studios.

The rental market for 1-bedroom apartments in Fondern-Cherokee Heights, Mississippi, saw a slight decrease in April 2023, with only one new listing and a 7.0% decrease in median rent from the previous month. The median rent for 1-bedroom apartments in April 2023 was $925, down from $995 in March 2023. This suggests that the rental market in Fondern-Cherokee Heights is relatively stable, with only minor fluctuations in rent prices.

The rental market for 2-bedroom apartments in Fondern-Cherokee Heights, Mississippi, is relatively stable. In May 2023, there was only one new 2-bedroom listing, and the median rent remained the same as it was in April 2023 at $1,150. This indicates that the rental market is not experiencing any significant changes in terms of pricing or availability.

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 Fondern-Cherokee Heights is $1,075.
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