Rental market snapshot for New Scotland, Albany

New Scotland rental market summary

The rental market in New Scotland, New York is showing signs of growth. In July 2023, there were 13 new listings, a sign that the market is expanding. The median rent in July 2023 was $1,320, a 1.9% increase from June 2023 and a 20.5% increase from July 2022. This indicates that the rental market is becoming more expensive, likely due to increased demand.

Overall, the rental market in New Scotland, New York is on the rise. With more new listings and increasing median rent prices, it is likely that the market will continue to grow in the coming months.

Median rent for all residential properties in New Scotland

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The most expensive listings and top trending buildings in New Scotland

Most Expensive Listings

AddressRent PriceBed / Bath
22 Norwood Ave$1,9753 / 2.0
21 Glenwood St$1,5753 / 1.0
101 Winnie St$1,3952 / 1.0
284 S Allen St$1,3752 / 1.0
199 S Allen St$1,3202 / 2.0

Top Trending Buildings

building nameavg rent price
Paragon Residential Management LLC$1,115

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Bedroom Breakdown in New Scotland

1 Bedroom
$1,115
MEDIAN RENT
2 Bedroom
$1,480
MEDIAN RENT

New Scotland neighborhood apartments rents

Uh-oh! Looks like we don't have any data in New Scotland, New York, for studios.

The rental market for 1-bedroom apartments in New Scotland, New York remains relatively stable, with no change in median rent from April to June 2023. There was only one new listing in June 2023, indicating that the market is not experiencing a surge in demand. Overall, the rental market for 1-bedroom apartments in New Scotland appears to be relatively steady.

The rental market for 2-bedroom apartments in New Scotland, New York is relatively stable. In May 2023, there was only one new listing, and the median rent increased by 8.0% from April 2023 to May 2023, from $1,370 to $1,480. This suggests that the demand for 2-bedroom apartments in New Scotland is relatively high, and that the rental market is likely to remain steady in the near future.

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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 New Scotland is $1,320.
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