Rental market snapshot for Collingwood, Charlotte

Collingwood rental market summary

The rental market in Collingwood, North Carolina is showing signs of stability. On July 31, 2023, there were 35 new listings, indicating that the market is still active. The median rent for the same period was $1,645, which is the same as the median rent for the previous month. This suggests that the rental market in Collingwood is not experiencing any significant changes in terms of pricing.

When comparing the median rent for July 31, 2023 to the median rent for July 31, 2022, there was a 6.3% increase. This indicates that the rental market in Collingwood is slowly but steadily increasing in price. This could be due to the increasing demand for rental properties in the area, as well as the increasing cost of living.

Median rent for all residential properties in Collingwood

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The most expensive listings and top trending buildings in Collingwood

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Bedroom Breakdown in Collingwood

Studio
$1,191
MEDIAN RENT
1 Bedroom
$1,136
MEDIAN RENT
2 Bedroom
$1,270
MEDIAN RENT

Collingwood neighborhood apartments rents

The rental market for studios in Collingwood, 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 8.4% from June 2023 to July 2023, from $1,099 to $1,191. This suggests that demand for studio apartments is increasing, and that the rental market is becoming more competitive.

The rental market for 1-bedroom apartments in Collingwood, North Carolina is showing signs of growth. In July 2023, there were 3 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,136, a 6.6% decrease from the median rent in June 2023 of $1,216. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for 1-bedroom apartments in Collingwood, North Carolina is looking positive.

The rental market for 2-bedroom apartments in Collingwood, North Carolina is relatively stable. In June 2023, there was only one new listing, and the median rent for 2-bedroom apartments was $1,270, a 1.9% decrease from the median rent in May 2023. This suggests that the rental market is not experiencing any significant changes in the near future.

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 Collingwood is $1,645.
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