Rental market snapshot for Near Northeast, Syracuse

Near Northeast rental market summary

The rental market in Near Northeast, New York is showing signs of growth. On July 31, 2023, there were 32 new listings, indicating an increase in demand for rental properties in the area. The median rent on July 31, 2023 was $1,350, a 1.9% increase from the median rent on June 30, 2023 of $1,325. This is a significant increase from the median rent on July 31, 2022 of $800, representing a 68.8% increase in rent over the course of a year.

These figures suggest that the rental market in Near Northeast, New York is becoming increasingly competitive. With more people looking for rental properties and rents on the rise, it is becoming increasingly difficult for renters to find affordable housing in the area. As such, it is important for renters to be aware of the current market conditions and to be prepared to act quickly when they find a suitable property.

Median rent for all residential properties in Near Northeast

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The most expensive listings and top trending buildings in Near Northeast

Most Expensive Listings

AddressRent PriceBed / Bath
419 Hawley Ave$1,7452 / 2.5
205 Hawley Ave$1,6503 / 2.5
705 Hawley Ave$1,6003 / 1.5
407 N McBride St$1,5502 / 1.5
504 N McBride St$1,5003 / 1.5

Top Trending Buildings

building nameavg rent price
Zillow$1,142

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Bedroom Breakdown in Near Northeast

Studio
$750
MEDIAN RENT
1 Bedroom
$1,000
MEDIAN RENT
2 Bedroom
$1,410
MEDIAN RENT

Near Northeast neighborhood apartments rents

The rental market for studios in Near Northeast, New York appears to be relatively stable, with only one new studio listing in May 2023. The median rent for studios in May 2023 was $750, though the median rent for April 2023 is not available, so it is not possible to determine the percent change in rent from April to May. Overall, the rental market for studios in Near Northeast appears to be relatively stable.

The rental market for 1-bedroom apartments in Near Northeast, New York appears to be stable, with three new listings in May 2023 and a median rent of $1,000. Unfortunately, no data is available for April 2023, so it is not possible to determine the percent change in rent from April to May. Overall, the rental market for 1-bedroom apartments in Near Northeast appears to be steady.

The rental market for 2-bedroom apartments in Near Northeast, New York is showing signs of stability. In May 2023, there were two new 2-bedroom listings, and the median rent for 2-bedroom apartments increased by 1.1% from April 2023 to May 2023, from $1,395 to $1,410. This suggests that the rental market is not experiencing any drastic changes, and that the prices of 2-bedroom apartments are staying relatively consistent.

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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 Near Northeast is $1,350.
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