Rental market snapshot for Hanover Place, Kansas City

Hanover Place rental market summary

The rental market in Hanover Place, Missouri is showing signs of growth. In July 2023, there were 122 new listings, a 4.4% increase from the previous month. This suggests that the rental market is becoming more active. The median rent in July 2023 was $1,075, a 4.9% increase from the same time last year. This indicates that rental prices are on the rise, likely due to increased demand.

Overall, the rental market in Hanover Place, Missouri is looking positive. With more listings and rising rental prices, it is a good time for landlords and tenants alike. The increasing demand for rental properties suggests that the market is becoming more competitive, so it is important for landlords to stay on top of the latest trends and ensure they are offering competitive rates.

Median rent for all residential properties in Hanover Place

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The most expensive listings and top trending buildings in Hanover Place

Most Expensive Listings

AddressRent PriceBed / Bath
301 E Armour Blvd$2,0752 / 2.0
211 W Armour Blvd$1,9002 / 2.0
211 W Armour Blvd$1,8752 / 2.0
3535 Broadway Blvd$1,8501 / 1.0
200 W 36th St$1,8002 / 2.0

Top Trending Buildings

building nameavg rent price
Del Properties$1,465

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Bedroom Breakdown in Hanover Place

Studio
$970
MEDIAN RENT
1 Bedroom
$1,150
MEDIAN RENT
2 Bedroom
$1,560
MEDIAN RENT

Hanover Place neighborhood apartments rents

The rental market for studios in Hanover Place, Missouri is showing signs of growth. In July 2023, there were 19 new studio listings, representing a 3.2% increase in median rent from June 2023. The median rent for studios in July 2023 was $970, which is a significant increase from the median rent of $940 in June 2023. This indicates that the rental market for studios in Hanover Place is on the rise, and that renters should expect to pay more for studios in the area.

The rental market for 1-bedroom apartments in Hanover Place, Missouri is showing signs of growth. In July 2023, there were 28 new 1-bedroom listings, a 15.0% increase from the previous month. The median rent for 1-bedroom apartments in July 2023 was $1,150, a 15.0% increase from the median rent in June 2023. This indicates that the rental market for 1-bedroom apartments in Hanover Place is on the rise, and that renters should expect to pay more for their apartments in the coming months.

The rental market for 2-bedroom apartments in Hanover Place, Missouri is showing signs of growth. In July 2023, there were 12 new 2-bedroom listings, which is a 4.0% increase from the previous month. The median rent for 2-bedroom apartments in July 2023 was $1,560, which is a 4.0% increase from the median rent in June 2023. This indicates that the rental market for 2-bedroom apartments in Hanover Place is on the rise, and renters should expect to pay more for their apartments in the coming months.

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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 Hanover Place is $1,075.
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