Rental market snapshot for Upper Clinton Hill, Newark
Upper Clinton Hill rental market summary
The rental market in Upper Clinton Hill, New Jersey is showing signs of growth. In July 2023, there were 95 new listings, a 5.4% increase from the previous month. This indicates that the rental market is becoming more competitive, as more people are looking to rent in the area. The median rent in July 2023 was $1,750, a 5.4% increase from the same time last year. This suggests that rental prices are on the rise, as demand for rental properties in the area increases.
Overall, the rental market in Upper Clinton Hill, New Jersey is showing signs of growth. With more new listings and increasing rental prices, it is becoming an attractive option for those looking to rent in the area. With the current trend of growth, it is likely that the rental market in Upper Clinton Hill will continue to expand in the coming months.
Median rent for all residential properties in Upper Clinton Hill
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The most expensive listings and top trending buildings in Upper Clinton Hill
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 284 Seymour Ave | $2,800 | 4 / 2.0 |
| 356 Madison Ave | $2,600 | 4 / 1.5 |
| 306 Avon Ave | $2,500 | 4 / 2.0 |
| 34 Farley Ave | $2,500 | 4 / 1.0 |
| 882 S 20th St | $2,500 | 4 / 1.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Zillow | $1,458 |
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Bedroom Breakdown in Upper Clinton Hill
Upper Clinton Hill neighborhood apartments rents
The rental market for studios in Upper Clinton Hill, New Jersey, remained relatively stable in May 2023, with only one new studio listing and no change in median rent from April 2023 to May 2023. The median rent for studios in May 2023 was $1,250, indicating that the market is still relatively affordable for renters. Despite the lack of change in rent, the addition of one new studio listing suggests that the rental market in Upper Clinton Hill is still active and competitive.
The rental market for 1-bedroom apartments in Upper Clinton Hill, New Jersey appears to be stable, with three new listings in April 2023 and a median rent of $1,475. Unfortunately, no data is available for the median rent in March 2023 or the percent change in rent from March to April, so it is difficult to determine if there has been any significant change in the rental market.
The rental market for 2-bedroom apartments in Upper Clinton Hill, New Jersey is showing signs of growth. In May 2023, there were 7 new 2-bedroom listings, which is a positive sign for the market. The median rent for 2-bedroom apartments in May 2023 was $1,700, which is a 3.0% increase from the median rent in April 2023 of $1,650. This indicates that the rental market is on the rise and that demand for 2-bedroom apartments is increasing.