Rental market snapshot for Franklin Park, Trenton

Franklin Park rental market summary

The rental market in Franklin Park, New Jersey is showing signs of growth. In July 2023, there were 13 new listings, indicating an increase in demand for rental properties in the area. The median rent in July 2023 was $1,700, the same as the median rent in June 2023. This suggests that the rental market in Franklin Park is stable and that prices are not fluctuating significantly. However, when compared to the median rent in July 2022, there has been a 6.6% increase in rent, indicating that the rental market is growing.

Overall, the rental market in Franklin Park, New Jersey is showing signs of growth. The number of new listings and the increase in median rent both suggest that the rental market is on the rise. This could be an attractive opportunity for potential renters and investors alike.

Median rent for all residential properties in Franklin Park

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The most expensive listings and top trending buildings in Franklin Park

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Bedroom Breakdown in Franklin Park

2 Bedroom
$1,250
MEDIAN RENT

Franklin Park neighborhood apartments rents

Uh-oh! Looks like we don't have any data in Franklin Park, New Jersey, for studios.

Uh-oh! Looks like we don't have any data in Franklin Park, New Jersey, for 1-bedroom apartments.

The rental market for 2-bedroom apartments in Franklin Park, New Jersey appears to be relatively stable, with only one new listing in April 2022. The median rent for 2-bedroom apartments in April 2022 is $1,250, which is unchanged from the previous month. This suggests that the rental market in Franklin Park is relatively stable and that there is not a significant amount of fluctuation in rental prices.

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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 Franklin Park is $1,700.
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