Rental market snapshot for Uptown, Albuquerque

Uptown rental market summary

The rental market in Uptown, New Mexico is showing signs of growth. In July 2023, there were 15 new listings, indicating an increase in rental activity. The median rent for the month of July 2023 was $925, which is the same as the median rent for June 2023. This suggests that the rental market is stable and that prices are not fluctuating significantly. However, when compared to the median rent for July 2022, the current median rent is 39.1% higher. This indicates that the rental market in Uptown is growing and that rental prices are increasing.

Overall, the rental market in Uptown, New Mexico is showing signs of growth. The number of new listings and the median rent are both increasing, suggesting that the rental market is becoming more active and that rental prices are on the rise. This could be due to an increase in demand for rental properties in the area, or it could be due to an increase in the number of available rental properties. Either way, the rental market in Uptown is showing signs of growth.

Median rent for all residential properties in Uptown

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The most expensive listings and top trending buildings in Uptown

Most Expensive Listings

AddressRent PriceBed / Bath
1401 Pennsylvania St NE$1,8482 / 2.0
1401 Pennsylvania St NE$1,6672 / 2.0
1401 Pennsylvania St NE$9951 / 1.0
1401 Pennsylvania St NE$9821 / 1.0
1401 Pennsylvania St NE$9252 / 1.0

Top Trending Buildings

building nameavg rent price
TruAmerica Multifamily LLC$914

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Bedroom Breakdown in Uptown

Studio
$700
MEDIAN RENT
1 Bedroom
$895
MEDIAN RENT
2 Bedroom
$1,667
MEDIAN RENT

Uptown neighborhood apartments rents

The rental market for studios in Uptown, New Mexico remains relatively stable in July 2023, with only one new studio listing and no change in median rent from June 2023 to July 2023. This indicates that the demand for studio apartments in Uptown is relatively low, and that the current supply of studios is sufficient to meet the demand.

The rental market for 1-bedroom apartments in Uptown, New Mexico is showing signs of growth. In July 2023, there were 5 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $895, a 3.8% increase from the median rent in June 2023 of $862. This suggests that the rental market is becoming more competitive, and renters should expect to pay more for 1-bedroom apartments in the area.

The rental market for 2-bedroom apartments in Uptown, New Mexico is showing signs of growth. In July 2023, there were 3 new 2-bedroom listings, a 45.8% increase in median rent from June 2023 to July 2023, and a median rent of $1,667. This indicates that the rental market for 2-bedroom apartments in Uptown is becoming increasingly competitive, with more people looking to rent and landlords raising their 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 Uptown is $925.
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