Rental market snapshot for Delaware-West Ferry, Buffalo

Delaware-West Ferry rental market summary

The rental market in Delaware-West Ferry, New York is showing signs of growth. In July 2023, there were 27 new listings, a 12.0% increase from the previous month. This is a positive sign for the rental market, as it indicates that more people are looking to rent in the area. The median rent in July 2023 was $1,395, a 12.8% decrease from the same time last year. This suggests that rental prices are becoming more affordable in the area, making it a more attractive option for potential renters.

Overall, the rental market in Delaware-West Ferry, New York is showing signs of growth and stability. The number of new listings is increasing, while the median rent is decreasing, making it a more attractive option for potential renters. With more people looking to rent in the area, the rental market is likely to continue to grow in the coming months.

Median rent for all residential properties in Delaware-West Ferry

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The most expensive listings and top trending buildings in Delaware-West Ferry

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Bedroom Breakdown in Delaware-West Ferry

Studio
$900
MEDIAN RENT
1 Bedroom
$1,650
MEDIAN RENT
2 Bedroom
$2,150
MEDIAN RENT

Delaware-West Ferry neighborhood apartments rents

The rental market for studios in Delaware-West Ferry, New York is expected to remain relatively stable in December 2022, with only one new studio listing. The median rent for studios in December 2022 is estimated to be $900, though the median rent for November 2022 is not available. Therefore, it is not possible to determine the percent change in rent from November 2022 to December 2022. Overall, the rental market for studios in Delaware-West Ferry, New York is expected to remain relatively stable in the near future.

The rental market for 1-bedroom apartments in Delaware-West Ferry, New York is showing signs of growth. In June 2023, there were 3 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in June 2023 was $1,650, a 4.8% increase from the median rent in April 2023 of $1,575. This suggests that the rental market is becoming more competitive, with landlords able to increase their asking prices.

The rental market for 2-bedroom apartments in Delaware-West Ferry, New York, is relatively stable. In June 2023, there were 5 new 2-bedroom listings, and the median rent remained the same as it was in May 2023 at $2,150. This indicates that the rental market is not experiencing any significant changes in terms of rent prices.

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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 Delaware-West Ferry is $1,395.
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