Rental market snapshot for Battery Park, New York

Battery Park rental market summary

The rental market in Battery Park, New York is showing signs of stability. In July 2023, there were 21 new listings, indicating that the market is still active. The median rent for the month of July 2023 was $4,935, a slight decrease of 6.1% from the previous month. However, when compared to the same month in the previous year, the median rent has only decreased by 1.1%. This indicates that the rental market in Battery Park is relatively stable and that prices are not likely to fluctuate drastically in the near future.

Overall, the rental market in Battery Park, New York is showing signs of stability. The number of new listings is still high and the median rent has only decreased slightly from the previous month and year. This indicates that the rental market in Battery Park is relatively stable and that prices are not likely to fluctuate drastically in the near future.

Median rent for all residential properties in Battery Park

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The most expensive listings and top trending buildings in Battery Park

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Bedroom Breakdown in Battery Park

Studio
$3,715
MEDIAN RENT
1 Bedroom
$4,375
MEDIAN RENT
2 Bedroom
$8,675
MEDIAN RENT

Battery Park neighborhood apartments rents

The rental market for studios in Battery Park, New York is relatively stable. In May 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 May 2023 was $3,715, which is only 2.4% lower than the median rent in April 2023. This suggests that the rental market for studios in Battery Park is relatively stable and not experiencing any major fluctuations.

The rental market for 1-bedroom apartments in Battery Park, New York is showing signs of growth. In May 2023, there were 6 new 1-bedroom listings, representing an increase in the number of available units. The median rent for 1-bedroom apartments in May 2023 was $4,375, a 1.5% increase from the median rent in April 2023. This suggests that the rental market is becoming more competitive, with landlords able to increase their prices due to the increased demand.

The rental market for 2-bedroom apartments in Battery Park, New York is showing signs of growth. In May 2023, there were two new 2-bedroom listings, and the median rent for 2-bedroom apartments increased by 37.1% from April 2023 to May 2023, from $6,328 to $8,675. This suggests that the demand for 2-bedroom apartments in Battery Park is increasing, and that the rental market is becoming more competitive.

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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 Battery Park is $4,935.
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