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
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
4220 Council Cir | $2,200 | 3 / 2.5 |
530 Pennsylvania Ave | $1,795 | 4 / 2.0 |
530 Pennsylvania Ave | $1,695 | 4 / 2.0 |
632 Chickasaw Ave | $1,600 | 3 / 2.0 |
3066 Oxford Ave | $1,495 | 3 / 2.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Zillow | $925 |
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Bedroom Breakdown in Fondern-Cherokee Heights
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.