Rental market snapshot for Ward Parkway, Kansas City

Ward Parkway rental market summary

The rental market in Ward Parkway, Missouri is showing signs of growth. In July 2023, there were 23 new listings, a significant increase from the previous month. This suggests that the area is becoming increasingly attractive to potential renters. The median rent in July 2023 was $2,335, which is the same as the median rent in June 2023. This indicates that the rental market in Ward Parkway is stable and that rents are not increasing significantly.

However, when compared to the median rent in July 2022, there has been a 33.4% increase in rent. This suggests that the rental market in Ward Parkway is becoming more expensive and that rents are rising. This could be due to an increase in demand for rental properties in the area, or it could be due to a decrease in the supply of rental properties. Either way, it is clear that the rental market in Ward Parkway is becoming more expensive.

Median rent for all residential properties in Ward Parkway

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The most expensive listings and top trending buildings in Ward Parkway

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Bedroom Breakdown in Ward Parkway

2 Bedroom
$1,272
MEDIAN RENT

Ward Parkway neighborhood apartments rents

Uh-oh! Looks like we don't have any data in Ward Parkway, Missouri, for studios.

Uh-oh! Looks like we don't have any data in Ward Parkway, Missouri, for 1-bedroom apartments.

The rental market for 2-bedroom apartments in Ward Parkway, Missouri is showing signs of growth. In March 2023, there were two new 2-bedroom listings, indicating an increase in demand for these types of apartments. Additionally, the median rent for 2-bedroom apartments increased by 1.8% from February 2023 to March 2023, from $1,250 to $1,272. This suggests that the rental market for 2-bedroom apartments in Ward Parkway is becoming more competitive, and renters should expect to pay more for these types of apartments in the future.

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 Ward Parkway is $2,335.
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