Rental market snapshot for North Valleys, Reno

North Valleys rental market summary

The rental market in North Valleys, Nevada is relatively stable. In July 2023, there were 78 new listings, and the median rent stayed the same at $2,499. This is the same median rent as in July 2022, indicating that the rental market has not seen much change in the past year. This stability is a good sign for potential renters, as it suggests that prices are not likely to increase significantly in the near future.

Overall, the rental market in North Valleys, Nevada appears to be healthy and stable. With a steady number of new listings and no significant changes in median rent, renters can feel confident that they will be able to find a place to live at a reasonable price. This stability is a positive sign for the local economy, as it indicates that the rental market is not experiencing any major fluctuations.

Median rent for all residential properties in North Valleys

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The most expensive listings and top trending buildings in North Valleys

Most Expensive Listings

AddressRent PriceBed / Bath
681 Estancia Ct$3,6955 / 3.5
8941 Elk Ravine Drive$3,0293 / 2.5
7116 Beacon Dr$3,0005 / 2.5
8941 Elk Ravine Drive$2,9693 / 2.5
7568 Rambling Ridge Rd$2,9504 / 3.0

Top Trending Buildings

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Bedroom Breakdown in North Valleys

Studio
$1,195
MEDIAN RENT
1 Bedroom
$1,495
MEDIAN RENT
2 Bedroom
$1,749
MEDIAN RENT

North Valleys neighborhood apartments rents

The rental market for studios in North Valleys, Nevada, has remained relatively stable in May 2021, with only one new studio listing and no change in median rent from April 2021. This suggests that the rental market for studios in North Valleys is relatively stable, with no significant changes in the number of listings or rent prices.

The rental market for 1-bedroom apartments in North Valleys, Nevada is showing signs of growth. In July 2023, there was only one new listing, but the median rent increased by 7.2% from June 2023 to July 2023, from $1,395 to $1,495. This suggests that demand for 1-bedroom apartments is increasing, and that the rental market is becoming more competitive.

The rental market for 2-bedroom apartments in North Valleys, Nevada is showing signs of growth. In July 2023, there was only one new 2-bedroom listing, but the median rent for 2-bedroom apartments increased by 6.0% from June 2023 to July 2023, from $1,650 to $1,749. This suggests that demand for 2-bedroom apartments is increasing, and that the rental market is likely to continue to grow in the coming months.

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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 North Valleys is $2,499.
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