Rental market snapshot for Downtown, Lincoln
Downtown rental market summary
The rental market in Downtown, Nebraska is showing signs of growth. In July 2023, there were 72 new listings, a 16.8% increase from the previous month. This is indicative of a healthy rental market, as more people are looking for housing in the area. The median rent in July 2023 was $1,019, a 13.3% increase from the same time last year. This suggests that the rental market in Downtown, Nebraska is becoming more competitive, as demand for housing is increasing and prices are rising.
Overall, the rental market in Downtown, Nebraska is showing signs of growth and increasing demand. The number of new listings and the median rent are both on the rise, indicating that the rental market is becoming more competitive. This is good news for landlords, as it suggests that they will be able to charge higher rents and have more tenants to choose from. However, it is important to keep an eye on the market, as prices could continue to rise in the future.
Median rent for all residential properties in Downtown
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The most expensive listings and top trending buildings in Downtown
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
2001 N St | $1,899 | 1 / 1.0 |
2001 N St | $1,799 | 2 / 2.0 |
2001 N St | $1,750 | 1 / 1.0 |
2001 N St | $1,739 | 2 / 2.0 |
2001 N St | $1,725 | 2 / 2.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
The Lund Company | $1,258 |
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Bedroom Breakdown in Downtown
Downtown neighborhood apartments rents
The rental market for studios in Downtown, Nebraska remains steady in July 2023 with three new listings and no change in median rent from June 2023. The median rent for studios in July 2023 is $525, which is the same as the median rent in June 2023. This indicates that the rental market for studios in Downtown, Nebraska is stable and not experiencing any significant changes in rent prices.
The rental market for 1-bedroom apartments in Downtown, Nebraska in July 2023 is relatively stable. There were 13 new listings in July, but the median rent stayed the same at $1,255, indicating that the market is not experiencing any significant changes. This suggests that the rental market in Downtown, Nebraska is relatively stable and that renters can expect to find a good selection of 1-bedroom apartments at a consistent price.
The rental market for 2-bedroom apartments in Downtown, Nebraska is showing signs of stability. In July 2023, there were 9 new 2-bedroom listings, and the median rent for 2-bedroom apartments decreased by 1.6% from June 2023 to July 2023, settling at $1,599. This suggests that the rental market is not experiencing any drastic changes, and that the prices of 2-bedroom apartments are staying relatively consistent.