Rental market snapshot for Central Business District, Rochester

Central Business District rental market summary

The rental market in Central Business District, New York is showing signs of growth. In July 2023, there were 84 new listings, indicating an increase in the number of rental properties available in the area. The median rent also increased from $1,199 in June 2023 to $1,331 in July 2023, representing an 11.0% increase. This is the same percentage increase from July 2022 to July 2023, suggesting that the rental market in Central Business District is steadily increasing.

Overall, the rental market in Central Business District, New York is showing positive signs of growth. With an increasing number of new listings and a steady rise in median rent, it appears that the area is becoming an attractive option for renters. With the continued growth of the rental market, Central Business District is likely to become an even more desirable place to live in the future.

Median rent for all residential properties in Central Business District

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The most expensive listings and top trending buildings in Central Business District

Most Expensive Listings

AddressRent PriceBed / Bath
260 E Main St$3,0053 / 3.0
260 E Main St$2,8042 / 2.5
260 E Main St$2,6052 / 2.5
15 Mathews St$2,5952 / 2.0
88 Elm St$2,4002 / 2.0

Top Trending Buildings

building nameavg rent price
Winn Residential*$1,685
Transform Property Management LLC$1,602
DHDVenturesLLC$1,239

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Bedroom Breakdown in Central Business District

Studio
$999
MEDIAN RENT
1 Bedroom
$1,199
MEDIAN RENT
2 Bedroom
$2,315
MEDIAN RENT

Central Business District neighborhood apartments rents

The rental market for studios in Central Business District, New York, remains relatively stable in July 2023, with 5 new studio listings and a median rent of $999, the same as the median rent in June 2023. This indicates that there is no significant change in rent from June to July, with a percent change of 0%. This suggests that the rental market for studios in Central Business District, New York, is relatively stable and consistent.

The rental market for 1-bedroom apartments in Central Business District, New York, in July 2023 is relatively stable. There were 22 new 1-bedroom listings in July 2023, and the median rent for 1-bedroom apartments remained the same from June to July at $1,199, indicating no change in rent. This suggests that the rental market for 1-bedroom apartments in Central Business District, New York, is relatively stable and not experiencing any significant changes.

The rental market for 2-bedroom apartments in Central Business District, New York is showing signs of improvement in July 2023. There were 9 new 2-bedroom listings in July, and the median rent for 2-bedroom apartments decreased by 4.5% from June 2023 to July 2023, from $2,425 to $2,315. This indicates that the rental market is becoming more competitive, and renters may be able to find better deals in the area.

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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 Central Business District is $1,331.
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