Rental market snapshot for Ballantyne West, Charlotte
Ballantyne West rental market summary
The rental market in Ballantyne West, North Carolina is showing signs of growth. In July 2023, there were 172 new listings, indicating an increase in demand for rental properties. The median rent in July 2023 was $2,185, which is the same as the median rent in June 2023. This suggests that the rental market in Ballantyne West is stable and not experiencing any significant changes in prices. However, when compared to the median rent in July 2022, there has been a 2.8% increase in rent, indicating that the rental market is slowly growing.
Overall, the rental market in Ballantyne West, North Carolina is showing signs of growth. With an increase in new listings and a slight increase in rent prices, it appears that the rental market is slowly but steadily improving. This is good news for both landlords and tenants, as it suggests that the rental market is becoming more stable and reliable.
Median rent for all residential properties in Ballantyne West
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The most expensive listings and top trending buildings in Ballantyne West
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
9905 Cambridge Forest Ct | $3,700 | 4 / 3.0 |
12419 McAllister Park Dr | $3,500 | 5 / 3.0 |
10819 Wilklee Dr | $2,900 | 5 / 2.5 |
16311 Hawfield Way Dr | $2,833 | 3 / 3.0 |
16311 Hawfield Way Dr | $2,828 | 3 / 2.5 |
Top Trending Buildings
building name | avg rent price |
---|---|
Greystar* | $1,592 |
Investors Management Trust IMT | $1,562 |
Goldberg Companies Inc | $1,464 |
Weinstein Management Co. Inc. | $1,454 |
Weinstein Properties | $1,434 |
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Bedroom Breakdown in Ballantyne West
Ballantyne West neighborhood apartments rents
The rental market for studios in Ballantyne West, North Carolina, is showing signs of improvement in July 2023. There were two new studio listings in July, and the median rent for studios decreased by 7.4% from June 2023 to July 2023, from $1,408 to $1,304. This suggests that the rental market is becoming more competitive, and renters may be able to find better deals on studios in the area.
The rental market for 1-bedroom apartments in Ballantyne West, North Carolina is showing signs of stability. In July 2023, there were 16 new 1-bedroom listings, indicating that the market is still active. The median rent for 1-bedroom apartments in July 2023 was $1,508, only a .4% increase from the median rent in June 2023. This suggests that the rental market is not experiencing any significant changes in pricing. Overall, the rental market for 1-bedroom apartments in Ballantyne West, North Carolina appears to be stable.
The rental market for 2-bedroom apartments in Ballantyne West, North Carolina is showing signs of growth. In July 2023, there were 19 new 2-bedroom listings, which is a 3.4% increase from the previous month. The median rent for 2-bedroom apartments in July 2023 was $1,935, which is a 3.4% decrease from the median rent in June 2023. This indicates that the rental market is becoming more competitive, with more options available for renters.