Rental market snapshot for Campus Area (University District), Albany

Campus Area (University District) rental market summary

The rental market in Campus Area (University District), New York is showing signs of stability. In July 2023, there were 30 new listings, indicating that the market is still active. The median rent in July 2023 was $1,695, which is the same as the median rent in June 2023. This suggests that the rental market is not experiencing any significant changes in pricing. When compared to July 2022, the median rent has decreased by 31.8%, indicating that the market is becoming more affordable.

Overall, the rental market in Campus Area (University District), New York is showing signs of stability. The number of new listings and the median rent have remained relatively unchanged in the past month, and the median rent has decreased significantly when compared to the same time last year. This suggests that the rental market is becoming more affordable and is likely to remain stable in the near future.

Median rent for all residential properties in Campus Area (University District)

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The most expensive listings and top trending buildings in Campus Area (University District)

Most Expensive Listings

AddressRent PriceBed / Bath
255 Patroon Creek Blvd$2,6682 / 2.0
255 Patroon Creek Blvd$2,6652 / 2.0
255 Patroon Creek Blvd$2,6282 / 2.0
255 Patroon Creek Blvd$2,2391 / 1.0
255 Patroon Creek Blvd$2,1741 / 1.0

Top Trending Buildings

building nameavg rent price
Jones Street Residential Inc.$2,175

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Bedroom Breakdown in Campus Area (University District)

Studio
$860
MEDIAN RENT
1 Bedroom
$2,174
MEDIAN RENT
2 Bedroom
$2,665
MEDIAN RENT

Campus Area (University District) neighborhood apartments rents

The rental market for studios in Campus Area (University District), New York is expected to remain relatively stable in July 2022, with only two new listings entering the market. The median rent for studios in July 2022 is estimated to be $860, though the exact change in rent from June 2022 is not known. Overall, the rental market for studios in Campus Area (University District) is expected to remain relatively steady in the coming months.

The rental market for 1-bedroom apartments in Campus Area (University District), New York is showing signs of growth. In July 2023, there were 3 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $2,174, a 2.8% increase from the median rent in June 2023. This suggests that the rental market is becoming more competitive, with landlords able to increase their prices due to the increased demand.

The rental market for 2-bedroom apartments in Campus Area (University District), New York in July 2023 is relatively stable. There were 3 new 2-bedroom listings in July 2023, and the median rent for 2-bedroom apartments was $2,665, only a 1.0% decrease from the median rent in June 2023. This suggests that the rental market in Campus Area is relatively steady, with only a slight decrease in rent from month to month.

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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 Campus Area (University District) is $1,695.
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