Rental market snapshot for East Forest, Charlotte
East Forest rental market summary
The rental market in East Forest, North Carolina is showing signs of growth. In July 2023, there were 67 new listings, a 10.9% increase from the previous month. This indicates that the rental market in East Forest is becoming more competitive. The median rent in July 2023 was $1,586, a 3.7% increase from the same time last year. This suggests that the rental market in East Forest is becoming more expensive.
Overall, the rental market in East Forest is becoming more competitive and expensive. With more listings and higher rents, it is becoming increasingly difficult for renters to find affordable housing in the area. As such, it is important for renters to be aware of the current rental market in East Forest and to be prepared to pay higher rents in order to secure a place to live.
Median rent for all residential properties in East Forest
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The most expensive listings and top trending buildings in East Forest
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 1037 Pineborough Rd | $2,895 | 4 / 3.0 |
| 743 Pineborough Rd | $2,255 | 4 / 2.0 |
| 7422 Pebblestone Dr | $1,899 | 2 / 1.5 |
| 1447 Mcilroy Rd | $1,895 | 3 / 2.5 |
| 7326 Wallace Road | $1,780 | 2 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Pegasus Residential | $1,405 |
| Grand Peaks Property Management ** | $1,282 |
| Ginkgo Residential | $1,223 |
| Dasmen Residential LLC | $1,214 |
| FriedLam Partners LLC | $1,000 |
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Bedroom Breakdown in East Forest
East Forest neighborhood apartments rents
The rental market for studios in East Forest, North Carolina remains relatively stable in April 2023, with only one new listing and no change in median rent from the previous month. This suggests that the market is not experiencing any significant shifts in supply or demand, and that the median rent for studios in East Forest is likely to remain steady in the near future.
The rental market for 1-bedroom apartments in East Forest, North Carolina is showing signs of growth. In July 2023, there were 7 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,269, a 4.7% decrease from the median rent in June 2023. 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 East Forest is looking positive.
The rental market for 2-bedroom apartments in East Forest, North Carolina is showing signs of growth. In July 2023, there were 10 new 2-bedroom listings, which is a positive sign for the market. Additionally, the median rent for 2-bedroom apartments increased by 2.2% from June 2023 to July 2023, from $1,514 to $1,548. This indicates that demand for 2-bedroom apartments is increasing, and that the rental market is likely to continue to grow in the coming months.