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
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
704 Blue Barrel St | $2,710 | 4 / 2.5 |
708 Arden Valley Ave | $2,425 | 3 / 2.5 |
708 Arden Valley Avenue | $2,425 | 3 / 2.5 |
724 Easter Lily Pl | $2,400 | 4 / 3.0 |
723 Emerald Idol Place | $2,395 | 3 / 2.5 |
Top Trending Buildings
building name | avg rent price |
---|---|
Greystar Real Estate Partners LLC | $1,727 |
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Bedroom Breakdown in Midway
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.