Rental market snapshot for Near South, Lincoln
Near South rental market summary
The rental market in Near South, Nebraska is showing signs of growth. In July of 2023, there were 107 new listings, a 14.3% increase from the previous month. This indicates that more people are looking to rent in the area, likely due to the increasing popularity of the area. The median rent in July of 2023 was $745, a 3.9% increase from the same time last year. This suggests that the rental market in Near South is becoming more competitive, as more people are looking to rent in the area.
Overall, the rental market in Near South, Nebraska is showing signs of growth. With more people looking to rent in the area, the median rent has increased, indicating that the rental market is becoming more competitive. This is likely due to the increasing popularity of the area, as more people are looking to rent in the area. With more new listings and a higher median rent, the rental market in Near South is looking to be a great investment for those looking to rent in the area.
Median rent for all residential properties in Near South
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The most expensive listings and top trending buildings in Near South
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
1255 S 25th St | $1,995 | 5 / 2.0 |
1313 Sumner St | $1,925 | 3 / 2.0 |
1216 S 17th St | $1,400 | 3 / 1.0 |
839 Goodhue Blvd | $1,350 | 3 / 1.0 |
1823 Euclid Ave | $1,200 | 2 / 1.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Arrow Capital | $673 |
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Bedroom Breakdown in Near South
Near South neighborhood apartments rents
The rental market for studios in Near South, Nebraska appears to be relatively stable, with only one new listing in May 2023 and a median rent of $595. Unfortunately, no data is available for April 2023, so it is not possible to determine the percent change in rent from April to May. Overall, the rental market for studios in Near South appears to be relatively stable.
The rental market for 1-bedroom apartments in Near South, Nebraska is showing signs of growth. In July 2023, there were 3 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $675, a 2.3% increase from the median rent in June 2023 of $660. This suggests that the rental market is becoming more competitive, with landlords able to increase their prices due to the increased demand.
The rental market for 2-bedroom apartments in Near South, Nebraska is relatively stable. In July 2023, there were two new 2-bedroom listings, and the median rent for 2-bedroom apartments was $812, a 1.5% decrease from the median rent in June 2023. This suggests that the rental market is not experiencing significant fluctuations in prices, and that the market is relatively stable.