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

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Bedroom Breakdown in Near South

Studio
$595
MEDIAN RENT
1 Bedroom
$675
MEDIAN RENT
2 Bedroom
$812
MEDIAN RENT

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.

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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 Near South is $745.
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