Rental market snapshot for Northeast, Reno

Northeast rental market summary

The rental market in Northeast, Nevada is showing signs of growth. In July 2023, there were 167 new listings, a significant increase from the previous month. The median rent for the area also increased from $1,475 in June 2023 to $1,450 in July 2023, representing a 1.7% increase. This is a positive sign for the rental market, as it indicates that demand for rental properties is increasing.

When compared to the median rent in July 2022, the current median rent is 3.0% higher. This suggests that the rental market in Northeast, Nevada is continuing to grow and that rental prices are increasing. This is good news for landlords, as it means they can expect to receive higher rents for their properties. However, it may also mean that tenants will have to pay more for rental properties in the area.

Median rent for all residential properties in Northeast

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

The most expensive listings and top trending buildings in Northeast

Most Expensive Listings

AddressRent PriceBed / Bath
932 University Ridge Ct$4,5006 / 3.0
200 Talus Way$2,6004 / 4.0
3626 Ruidoso St$2,6003 / 2.5
200 Talus Way$2,5004 / 4.0
3633 Ruidoso St$2,5004 / 2.5

Top Trending Buildings

building nameavg rent price
Zillow$1,475

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

Bedroom Breakdown in Northeast

Studio
$1,095
MEDIAN RENT
1 Bedroom
$1,475
MEDIAN RENT
2 Bedroom
$1,305
MEDIAN RENT

Northeast neighborhood apartments rents

The rental market for studios in Northeast, Nevada is relatively stable. In May 2023, there was only one new studio listing, and the median rent for studios remained nearly the same, decreasing by only .5% from April 2023. This suggests that the rental market for studios in Northeast, Nevada is not experiencing any significant changes in terms of availability or pricing.

The rental market for 1-bedroom apartments in Northeast, Nevada appears to be stable, with only one new listing in June 2023 and a median rent of $1,475. Unfortunately, no data is available for May 2023, so it is impossible to determine the percent change in rent from that month. Overall, the rental market for 1-bedroom apartments in Northeast, Nevada appears to be relatively stable.

The rental market for 2-bedroom apartments in Northeast, Nevada is relatively stable. In July 2023, there were 3 new 2-bedroom listings, and the median rent remained the same as it was in June 2023 at $1,305. This indicates that the rental market is not experiencing any significant changes in terms of pricing or availability.

Explore other Reno Neighborhoods

Old Northwest - West University
South Reno
Southwest
South Central
East Reno
North Valleys

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 Northeast is $1,450.
Made withDataherald