Rental market snapshot for Pearl-Meigs-Monroe, Rochester

Pearl-Meigs-Monroe rental market summary

The rental market in Pearl-Meigs-Monroe, New York is showing signs of stability. In July 2023, there were 38 new listings, which is a slight increase from the previous month. The median rent for the area remained the same at $1,025. This is a significant decrease from the median rent of $1,450 in July 2022, indicating that the rental market in the area is becoming more affordable.

Overall, the rental market in Pearl-Meigs-Monroe, New York is becoming more affordable and stable. With the number of new listings increasing and the median rent remaining the same, it is likely that the rental market in the area will continue to remain stable in the coming months. This is good news for renters looking for an affordable place to live in the area.

Median rent for all residential properties in Pearl-Meigs-Monroe

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The most expensive listings and top trending buildings in Pearl-Meigs-Monroe

Most Expensive Listings

AddressRent PriceBed / Bath
11 Edmonds St$1,9004 / 1.0
347 Rutgers St$1,6753 / 2.5
443 Meigs St$1,5003 / 1.0
98 Griffith St$1,5003 / 1.0
463 Averill Ave$1,3952 / 1.0

Top Trending Buildings

building nameavg rent price
Zillow$1,025

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Bedroom Breakdown in Pearl-Meigs-Monroe

Studio
$700
MEDIAN RENT
1 Bedroom
$1,025
MEDIAN RENT
2 Bedroom
$1,150
MEDIAN RENT

Pearl-Meigs-Monroe neighborhood apartments rents

The rental market for studios in Pearl-Meigs-Monroe, New York, saw a slight decrease in May 2023, with only one new studio listing and a 10.3% decrease in median rent from April 2023 to May 2023. The median rent for studios in May 2023 was $700, down from $780 in April 2023. This suggests that the rental market for studios in Pearl-Meigs-Monroe is relatively stable, with only minor fluctuations in rent prices.

The rental market for 1-bedroom apartments in Pearl-Meigs-Monroe, New York is showing signs of growth. In May 2023, there was only one new 1-bedroom listing, but the median rent for 1-bedroom apartments increased by 28.1% from March 2023 to May 2023, from $800 to $1,025. This suggests that demand for 1-bedroom apartments is increasing, and that the rental market is becoming more competitive.

The rental market for 2-bedroom apartments in Pearl-Meigs-Monroe, New York, saw a slight decrease in rent from April to May 2023. There was only one new 2-bedroom listing in May 2023, and the median rent for 2-bedroom apartments decreased by 4.2%, from $1,200 in April to $1,150 in May. This suggests that the rental market for 2-bedroom apartments in Pearl-Meigs-Monroe is relatively stable, with only a small decrease in rent from month to month.

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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 Pearl-Meigs-Monroe is $1,025.
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