Rental market snapshot for South Beach, Staten Island
South Beach rental market summary
The rental market in South Beach, New York is showing signs of growth. In July 2023, there were 21 new listings, a significant increase from the previous month. The median rent for the month of July 2023 was $2,300, a 17.9% increase from the previous month and a 35.3% increase from the same time last year. This indicates that the rental market is becoming increasingly competitive and that prices are on the rise.
The increasing demand for rental properties in South Beach is likely due to the area's desirable location and amenities. With its close proximity to the beach, restaurants, and shopping, South Beach is a desirable place to live. As more people move to the area, the demand for rental properties is likely to continue to increase, driving up prices.
Median rent for all residential properties in South Beach
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The most expensive listings and top trending buildings in South Beach
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
6 Normalee Rd | $3,800 | 4 / 2.5 |
33 Father Capodanno Blvd | $3,300 | 3 / 2.5 |
141 Bath Ave | $3,250 | 3 / 2.0 |
229 Norway Ave | $2,900 | 3 / 2.0 |
270 Norway Ave | $2,805 | 4 / 1.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Zillow | $1,550 |
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Bedroom Breakdown in South Beach
South Beach neighborhood apartments rents
The rental market for studios in South Beach, New York appears to be relatively stable, with only one new studio listing in April 2023 and a median rent of $1,350. Unfortunately, no data is available for the median rent in March 2023 or the percent change in rent from March to April, so it is difficult to draw any conclusions about the rental market in South Beach. However, the limited data available suggests that the rental market for studios in South Beach is relatively stable.
The rental market for 1-bedroom apartments in South Beach, New York appears to be stable, with only one new listing in February 2023 and a median rent of $1,550. Unfortunately, no data is available for January 2023, so it is not possible to determine the percent change in rent from that month. Overall, the rental market for 1-bedroom apartments in South Beach appears to be steady.
The rental market for 2-bedroom apartments in South Beach, New York is showing signs of growth. In May 2023, there was only one new 2-bedroom listing, but the median rent for 2-bedroom apartments increased by 30.9% from April 2023 to May 2023, from $2,750 to $1,900. This suggests that demand for 2-bedroom apartments is increasing, and that the rental market is becoming more competitive.