Rental market snapshot for Beverly Woods, Charlotte
Beverly Woods rental market summary
The rental market in Beverly Woods, North Carolina is showing signs of growth. In July 2023, there were 16 new listings, indicating that the rental market is expanding. The median rent in July 2023 was $1,995, the same as the median rent in June 2023. This suggests that the rental market is stable and not experiencing any significant fluctuations. However, when compared to the median rent in July 2022, which was $3,095, there has been a 35.5% decrease in rent prices. This indicates that the rental market in Beverly Woods is becoming more affordable for tenants.
Overall, the rental market in Beverly Woods is showing signs of growth and stability. With 16 new listings in July 2023 and a median rent that has decreased by 35.5% since July 2022, the rental market is becoming more accessible to tenants. This is good news for those looking for a new home in Beverly Woods, North Carolina.
Median rent for all residential properties in Beverly Woods
Get the latest rental data first
The most expensive listings and top trending buildings in Beverly Woods
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 5950 Sharon Rd | $2,800 | 4 / 2.5 |
| 3701 Stokes Avenue | $2,300 | 3 / 2.0 |
| 4822 Fairheath Rd | $1,995 | 4 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Pegasus Residential* | $1,255 |
Get the latest rental data first
Bedroom Breakdown in Beverly Woods
Beverly Woods neighborhood apartments rents
The rental market for studios in Beverly Woods, North Carolina, remains relatively stable from December 2021 to January 2022. There is only one new studio listing in January 2022, and the median rent for studios remains the same at $1,118. This indicates that the rental market for studios in Beverly Woods is not experiencing any significant changes in the short-term.
The rental market for 1-bedroom apartments in Beverly Woods, North Carolina is showing signs of growth. In January 2022, there were two new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in January 2022 was $1,255, a 2.9% increase from the median rent in December 2021 of $1,220. 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 Beverly Woods, North Carolina is expected to remain relatively stable in December 2022, with only one new listing and a 1.8% increase in median rent from November 2022 to December 2022. The median rent for a 2-bedroom apartment in December 2022 is estimated to be $2,850. This is a slight increase from the median rent of $2,800 in November 2022. Overall, the rental market for 2-bedroom apartments in Beverly Woods is expected to remain steady in the coming months.