Rental market snapshot for Utopia, Jamestown
Utopia rental market summary
The rental market in Utopia, New York appears to be stable. In July 2023, there were 71 new listings, and the median rent stayed the same at $2,500. This indicates that the rental market is not experiencing any significant changes in terms of supply and demand. However, when compared to the median rent in July 2022, there has been a 6.4% increase in rent, suggesting that the rental market is slowly becoming more expensive.
Overall, the rental market in Utopia, New York appears to be relatively stable. The number of new listings has remained consistent, and the median rent has only increased slightly. This suggests that the rental market is not experiencing any major fluctuations in terms of supply and demand. However, the slight increase in rent indicates that the rental market is slowly becoming more expensive.
Median rent for all residential properties in Utopia
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The most expensive listings and top trending buildings in Utopia
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
8617 139th St | $5,650 | 4 / 2.0 |
178-26 Kildare Rd | $5,500 | 5 / 3.0 |
80-31 188th St | $5,000 | 5 / 3.0 |
80-47 Chevy Chase St | $4,500 | 4 / 2.5 |
8047 Chevy Chase St | $4,500 | 4 / 3.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Zillow | $1,923 |
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Bedroom Breakdown in Utopia
Utopia neighborhood apartments rents
The rental market for studios in Utopia, New York is relatively stable. In June 2023, there was only one new studio listing, indicating that the market is not experiencing a large influx of new properties. The median rent for studios in June 2023 was $1,650, which is a 2.9% decrease from the median rent in April 2023 of $1,700. This suggests that the rental market for studios in Utopia is not experiencing significant fluctuations in prices.
The rental market for 1-bedroom apartments in Utopia, New York is showing signs of growth. In May 2023, there were 9 new 1-bedroom listings, which is a positive sign for the market. The median rent for 1-bedroom apartments in May 2023 was $1,875, which is 8.5% lower than the median rent in April 2023. This suggests that the rental market is becoming more affordable for tenants. Overall, the rental market for 1-bedroom apartments in Utopia, New York is looking positive.
The rental market for 2-bedroom apartments in Utopia, New York is showing signs of growth. In June 2023, there was only one new 2-bedroom listing, but the median rent for 2-bedroom apartments increased by 9.8% from April 2023 to June 2023, from $2,275 to $2,499. This suggests that demand for 2-bedroom apartments is increasing, and that the rental market is becoming more competitive.
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