Rental market snapshot for Parkchester, Bronx

Parkchester rental market summary

The rental market in Parkchester, New York is showing signs of growth. In July 2023, there were 94 new listings, a 3.5% increase from the previous month. This is a sign that the rental market is becoming more competitive, as more people are looking for housing in the area. The median rent in July 2023 was $2,158, a 7.9% increase from the same time the previous year. This indicates that the rental market in Parkchester is becoming more expensive, as demand for housing in the area increases.

Overall, the rental market in Parkchester is showing signs of growth. With more new listings and an increase in median rent, it is becoming a more attractive option for those looking for housing in the area. As the rental market continues to grow, it is likely that the median rent will continue to increase as well.

Median rent for all residential properties in Parkchester

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The most expensive listings and top trending buildings in Parkchester

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Bedroom Breakdown in Parkchester

Studio
$1,500
MEDIAN RENT
1 Bedroom
$1,725
MEDIAN RENT
2 Bedroom
$2,075
MEDIAN RENT

Parkchester neighborhood apartments rents

The rental market for studios in Parkchester, 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 $1,500, indicating that the rental market is not experiencing any significant changes. 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 Parkchester appears to be relatively stable.

The rental market for 1-bedroom apartments in Parkchester, New York is showing signs of growth. In May 2023, there were 4 new 1-bedroom listings, which is a positive sign for the market. The median rent for 1-bedroom apartments in May 2023 was $1,725, which is a 3.3% increase from the median rent in April 2023. This indicates that the rental market is becoming more competitive and that prices are increasing. Overall, the rental market for 1-bedroom apartments in Parkchester is looking positive.

The rental market for 2-bedroom apartments in Parkchester, New York is showing signs of stability. In May 2023, there were two new 2-bedroom listings, and the median rent for 2-bedroom apartments decreased by 5.7% from April 2023 to May 2023, settling at $2,075. This suggests that the rental market is not experiencing any drastic changes, and that the prices of 2-bedroom apartments are staying relatively consistent.

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 Parkchester is $2,158.
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