Rental market snapshot for Tremont, Bronx
Tremont rental market summary
The rental market in Tremont, New York is showing positive signs of growth. In July 2023, there were 70 new listings, a 14.4% increase from July 2022. The median rent for July 2023 was $2,380, a 1.8% increase from June 2023 and a 14.4% increase from July 2022. This indicates that the rental market in Tremont is steadily increasing in value.
The increasing number of listings and rising median rent suggest that Tremont is becoming an increasingly desirable place to live. With the increasing demand for rental properties, landlords can expect to see higher rental rates and more competition for tenants. This is good news for landlords and investors, as it indicates that Tremont is a strong rental market with potential for growth.
Median rent for all residential properties in Tremont
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The most expensive listings and top trending buildings in Tremont
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
2423 Prospect Ave | $3,700 | 4 / 1.0 |
960 E 181st St | $3,300 | 3 / 2.0 |
2048 Arthur Ave | $3,250 | 3 / 1.0 |
2235 Bassford Ave | $3,214 | 3 / 1.0 |
718 E 181st St | $3,214 | 3 / 1.0 |
Top Trending Buildings
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Bedroom Breakdown in Tremont
Tremont neighborhood apartments rents
The rental market for studios in Tremont, New York, remains relatively stable in July 2023, with three new studio listings and no change in median rent from June 2023 to July 2023. The median rent for studios in July 2023 is $2,499, which is the same as the median rent in June 2023. This indicates that the rental market for studios in Tremont is not experiencing any significant changes in terms of pricing or availability.
The rental market for 1-bedroom apartments in Tremont, New York appears to be stable, with only one new listing in June 2023 and a median rent of $2,749. Unfortunately, no data is available for May 2023, so it is not possible to determine the percent change in rent from that month. Overall, the rental market for 1-bedroom apartments in Tremont appears to be steady.
The rental market for 2-bedroom apartments in Tremont, New York, remained relatively stable in July 2023, with only two new listings and no change in median rent from the previous month. The median rent for a 2-bedroom apartment in July 2023 was $2,899, which is slightly higher than the national average. Despite the lack of change in rent, the number of new listings indicates that the rental market in Tremont is still active and competitive.