Rental market snapshot for Eagle Lake, Charlotte

Eagle Lake rental market summary

The rental market in Eagle Lake, North Carolina is showing signs of growth. In July 2023, there were 59 new listings, a significant increase from the previous month. This suggests that the rental market is becoming more active and that more people are looking for rental properties in the area.

The median rent in Eagle Lake has also seen a significant increase over the past year. In July 2023, the median rent was $2,255, a 37.5% increase from the same time last year. This suggests that the rental market in Eagle Lake is becoming more expensive, likely due to increased demand.

Median rent for all residential properties in Eagle Lake

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The most expensive listings and top trending buildings in Eagle Lake

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Bedroom Breakdown in Eagle Lake

Studio
$1,389
MEDIAN RENT
1 Bedroom
$1,531
MEDIAN RENT
2 Bedroom
$1,764
MEDIAN RENT

Eagle Lake neighborhood apartments rents

The rental market for studios in Eagle Lake, North Carolina is relatively stable. In November 2022, there is only one new studio listing, and the median rent remains the same as it was in October 2022 at $1,389. This indicates that the rental market for studios in Eagle Lake is not experiencing any significant changes in terms of rent prices.

The rental market for 1-bedroom apartments in Eagle Lake, North Carolina is showing signs of growth. In July 2023, there were 5 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,531, a 6.8% 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 Eagle Lake, North Carolina is showing signs of growth. In July 2023, there were 5 new 2-bedroom listings, which is a positive sign for the market. The median rent for 2-bedroom apartments in July 2023 was $1,764, which is a 10.8% increase from the median rent in June 2023 of $1,592. This indicates that the rental market for 2-bedroom apartments in Eagle Lake is on the rise and is likely to continue to increase in the coming months.

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 Eagle Lake is $2,255.
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