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

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Bedroom Breakdown in South Beach

Studio
$1,350
MEDIAN RENT
1 Bedroom
$1,550
MEDIAN RENT
2 Bedroom
$1,900
MEDIAN RENT

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.

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 South Beach is $2,300.
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