Rental market snapshot for West Hill, Albany

West Hill rental market summary

The rental market in West Hill, New York is showing signs of growth. In July 2023, there were 19 new listings, indicating an increase in rental activity in the area. The median rent for the month of July 2023 was $1,150, a 1.3% decrease from the previous month, but a 4.2% increase from the same month in the previous year. This suggests that rental prices in West Hill are slowly increasing, indicating a healthy rental market.

Overall, the rental market in West Hill appears to be stable and growing. The number of new listings is increasing, and the median rent is slowly increasing as well. This indicates that the rental market in West Hill is healthy and that it is likely to continue to grow in the future.

Median rent for all residential properties in West Hill

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The most expensive listings and top trending buildings in West Hill

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Bedroom Breakdown in West Hill

Studio
$800
MEDIAN RENT
1 Bedroom
$1,150
MEDIAN RENT
2 Bedroom
$1,230
MEDIAN RENT

West Hill neighborhood apartments rents

The rental market for studios in West Hill, New York appears to be relatively stable, with only one new studio listing in May 2023. The median rent for studios in May 2023 was $800, indicating that the rental market is not experiencing any significant changes in pricing. Unfortunately, no data is available for April 2023, so it is not possible to determine the percent change in rent from April to May. Overall, the rental market for studios in West Hill appears to be relatively stable.

The rental market for 1-bedroom apartments in West Hill, New York is showing signs of growth. In July 2023, there were two new 1-bedroom listings, indicating an increase in demand for these types of apartments. The median rent for 1-bedroom apartments in July 2023 was $1,150, a 6.0% increase from the median rent in June 2023 of $1,085. This suggests that the rental market for 1-bedroom apartments in West Hill is becoming more competitive, and renters should expect to pay more for these types of apartments in the near future.

The rental market for 2-bedroom apartments in West Hill, New York appears to be stable, with only two new listings in July 2023 and a median rent of $1,230. Unfortunately, no data is available for June 2023, so it is impossible to determine the percent change in rent from that month. Overall, the rental market for 2-bedroom apartments in West Hill appears to be relatively steady.

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 West Hill is $1,150.
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