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

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Bedroom Breakdown in Downtown

Studio
$525
MEDIAN RENT
1 Bedroom
$1,255
MEDIAN RENT
2 Bedroom
$1,599
MEDIAN RENT

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.

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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 Downtown is $1,019.
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