Rental market snapshot for Delaware Avenue, Albany

Delaware Avenue rental market summary

The rental market in Delaware Avenue, New York, is showing signs of stability. In July 2023, there were 21 new listings, indicating that the market is still active. The median rent for the month of July 2023 was $1,580, which is the same as the median rent for June 2023 and July 2022. This suggests that rents have remained steady over the past year, with no significant changes in the market.

Overall, the rental market in Delaware Avenue, New York, appears to be stable and consistent. The number of new listings and the median rent have remained steady over the past year, indicating that the market is not experiencing any major fluctuations. This is good news for potential renters, as it suggests that they can expect to find a rental property at a reasonable price.

Median rent for all residential properties in Delaware Avenue

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The most expensive listings and top trending buildings in Delaware Avenue

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Bedroom Breakdown in Delaware Avenue

Studio
$1,395
MEDIAN RENT
1 Bedroom
$980
MEDIAN RENT
2 Bedroom
$1,500
MEDIAN RENT

Delaware Avenue neighborhood apartments rents

The rental market for studios in Delaware Avenue, New York, appears to be relatively stable. In May 2023, there was only one new studio listing, and the median rent for studios was $1,395. Unfortunately, no data is available for April 2023, so it is not possible to determine the percent change in rent from April to May. However, the low number of new listings and the relatively stable median rent suggest that the rental market for studios in Delaware Avenue is relatively stable.

The rental market for 1-bedroom apartments in Delaware Avenue, New York is expected to remain relatively stable in December 2022, with only one new listing. The median rent for 1-bedroom apartments is estimated to be $980, which is likely to remain unchanged from November 2022. Overall, the rental market for 1-bedroom apartments in Delaware Avenue, New York is expected to remain steady in the near future.

The rental market for 2-bedroom apartments in Delaware Avenue, New York is showing signs of growth. In May 2023, there were two new 2-bedroom listings, indicating an increase in demand for these apartments. The median rent for 2-bedroom apartments in May 2023 was $1,500, a 41.5% increase from the median rent in April 2023 of $1,060. This suggests that the rental market for 2-bedroom apartments in Delaware Avenue is becoming more competitive, with landlords able to charge higher rents due to the increased demand.

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 Delaware Avenue is $1,580.
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