Rental market snapshot for Riverdale, Bronx

Riverdale rental market summary

The rental market in Riverdale, New York is showing signs of growth. In July 2023, there were 50 new listings, a 9.1% increase from the median rent in July 2022. This is a sign that the rental market is becoming more competitive and that more people are looking for rental properties in the area. The median rent in July 2023 was $3,000, a 20.0% increase from the median rent in June 2023. This suggests that the rental market is becoming more expensive, as demand for rental properties is increasing.

Overall, the rental market in Riverdale, New York is showing signs of growth. The number of new listings and the median rent are both increasing, indicating that the rental market is becoming more competitive and expensive. This is a positive sign for landlords, as it suggests that there is a strong demand for rental properties in the area.

Median rent for all residential properties in Riverdale

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The most expensive listings and top trending buildings in Riverdale

Most Expensive Listings

AddressRent PriceBed / Bath
625 W 246th St$17,5008 / 7.5
4601 Henry Hudson Pkwy$6,4004 / 3.0
6140 Delafield Ave$5,0003 / 2.0
385 W 263rd St$4,5002 / 1.5
640 W 237th St$4,5002 / 2.0

Top Trending Buildings

building nameavg rent price
Zillow$2,248

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Bedroom Breakdown in Riverdale

Studio
$1,950
MEDIAN RENT
1 Bedroom
$2,248
MEDIAN RENT
2 Bedroom
$2,500
MEDIAN RENT

Riverdale neighborhood apartments rents

The rental market for studios in Riverdale, New York appears to be stable, with only one new studio listing in April 2023 and a median rent of $1,950. Unfortunately, no data is available for the median rent in March 2023 or the percent change in rent from March to April, so it is difficult to draw any conclusions about the rental market in the area.

The rental market for 1-bedroom apartments in Riverdale, New York is showing signs of growth. In May 2023, there were two new 1-bedroom listings, indicating an increase in demand for these apartments. The median rent for 1-bedroom apartments in May 2023 was $2,248, a 2.2% increase from the median rent in April 2023. This suggests that the rental market for 1-bedroom apartments in Riverdale is becoming more competitive, with landlords able to increase their prices due to the increased demand.

The rental market for 2-bedroom apartments in Riverdale, New York appears to be stable, with only one new listing in February 2023 and a median rent of $2,500. This suggests that the demand for 2-bedroom apartments in the area is relatively consistent, and that the rental market is not experiencing any significant changes.

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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 Riverdale is $3,000.
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