Rental market snapshot for Midway, Henderson

Midway rental market summary

The rental market in Midway, Nevada is showing signs of growth. In July 2023, there were 635 new listings, a significant increase from the previous month. The median rent in July 2023 was $2,030, a 1.9% increase from the previous month and a 7.7% increase from July 2022. This indicates that the rental market in Midway is becoming increasingly competitive, with more people looking to rent and landlords able to increase their prices.

Overall, the rental market in Midway is looking positive. With more people looking to rent and landlords able to increase their prices, it is likely that the rental market will continue to grow in the coming months. This could be beneficial for both renters and landlords, as it could lead to more affordable housing options and higher rental incomes.

Median rent for all residential properties in Midway

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The most expensive listings and top trending buildings in Midway

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Bedroom Breakdown in Midway

Studio
$1,330
MEDIAN RENT
1 Bedroom
$1,727
MEDIAN RENT
2 Bedroom
$1,689
MEDIAN RENT

Midway neighborhood apartments rents

The rental market for studios in Midway, Nevada is relatively stable. In June 2023, there was only one new studio listing, and the median rent for studios stayed the same at $1,330. This is only a 0.8% increase from the median rent in May 2023, which was $1,320. This indicates that the rental market for studios in Midway is not experiencing any significant changes in terms of pricing or availability.

The rental market for 1-bedroom apartments in Midway, Nevada is showing signs of growth. In July 2023, there was only one new 1-bedroom listing, but the median rent for 1-bedroom apartments increased by 12.8% from June 2023 to July 2023, from $1,532 to $1,727. This suggests that demand for 1-bedroom apartments is increasing, and that the rental market is likely to continue to grow in the coming months.

The rental market for 2-bedroom apartments in Midway, Nevada is showing signs of growth. In July 2023, there were two new 2-bedroom listings, indicating an increase in demand for these types of apartments. The median rent for 2-bedroom apartments in July 2023 was $1,689, a 4.3% increase from the median rent in June 2023 of $1,620. This suggests that the rental market for 2-bedroom apartments in Midway is becoming more competitive, and renters should expect to pay more for these types of apartments in the near 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 Midway is $2,030.
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