Rental market snapshot for Ballantyne East, Charlotte
Ballantyne East rental market summary
The rental market in Ballantyne East, North Carolina is showing signs of growth. In July 2023, there were 142 new listings, indicating an increase in demand for rental properties. The median rent in July 2023 was $1,935, a 4.9% decrease from the previous month and a 4.6% decrease from the same time last year. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants.
Overall, the rental market in Ballantyne East, North Carolina is showing signs of improvement. With more new listings and lower median rents, it is becoming an attractive option for renters looking for affordable housing. With the right incentives, landlords can capitalize on this trend and attract more tenants to the area.
Median rent for all residential properties in Ballantyne East
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The most expensive listings and top trending buildings in Ballantyne East
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
15708 Ballantyne Country Club Dr | $4,898 | 5 / 4.5 |
15708 Ballantyne Country Club Dr | $4,898 | 5 / 5.0 |
13230 Ballantyne Corporate Pl | $3,678 | 3 / 2.5 |
12323 Landry Renee Pl | $3,500 | 4 / 3.5 |
13230 Ballantyne Corporate Pl | $2,772 | 2 / 2.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Continental Realty Corporation | $1,776 |
Goldberg Companies Inc | $1,633 |
Camden | $1,500 |
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Bedroom Breakdown in Ballantyne East
Ballantyne East neighborhood apartments rents
The rental market for studios in Ballantyne East, North Carolina, is showing signs of growth. In July 2023, there was only one new studio listing, but the median rent for studios increased by 8.8% from June 2023 to July 2023, from $1,475 to $1,605. This suggests that demand for studio apartments in the area is increasing, and that the rental market is becoming more competitive.
The rental market for 1-bedroom apartments in Ballantyne East, North Carolina is showing signs of growth. In July 2023, there were 17 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,559, a 1.6% increase from the median rent in June 2023. This suggests that the rental market is becoming more competitive, with landlords able to increase their prices due to the increased demand.
The rental market for 2-bedroom apartments in Ballantyne East, North Carolina is showing signs of growth. In July 2023, there were 19 new 2-bedroom listings, which is a 3.7% increase from the median rent in June 2023. The median rent for 2-bedroom apartments in July 2023 was $1,935, which is a slight decrease from the median rent in June 2023 of $2,010. This suggests that the rental market is becoming more competitive, with more options available for renters.