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
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
469 Livingston Ave | $1,365 | 3 / 1.0 |
469 Livingston Ave | $1,230 | 2 / 1.0 |
433 3rd St | $1,200 | 2 / 1.0 |
469 Livingston Ave | $1,150 | 1 / 1.0 |
525 Clinton Ave | $900 | 1 / 1.0 |
Top Trending Buildings
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Bedroom Breakdown in West Hill
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.