Rental market snapshot for Elizabeth, Charlotte

Elizabeth rental market summary

The rental market in Elizabeth, North Carolina is showing signs of growth. In July 2023, there were 120 new listings, a 4.7% increase from the previous month. This is a positive sign for the rental market, as it indicates that more people are looking to rent in the area. The median rent in July 2023 was $2,000, a slight increase of .1% from July 2022. This suggests that the rental market is slowly increasing in value, but not at a rapid rate.

Overall, the rental market in Elizabeth, North Carolina is showing signs of growth. The number of new listings is increasing, and the median rent is slowly increasing as well. This suggests that the rental market is becoming more attractive to potential renters, and that the market is likely to continue to grow in the future.

Median rent for all residential properties in Elizabeth

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The most expensive listings and top trending buildings in Elizabeth

Most Expensive Listings

AddressRent PriceBed / Bath
1300 E 10th St$4,9503 / 3.5
1300 E 10th St$4,9503 / 4.0
1302 E 10th St$4,9503 / 4.0
2426 Vail Ave$4,6802 / 2.5
2426 Vail Ave$3,8132 / 2.5

Top Trending Buildings

building nameavg rent price
Greystar Real Estate - National - JPM$1,732
The Connor Group$1,699
The Goldman Sachs Group Inc$1,673
Connor Group$1,574

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Bedroom Breakdown in Elizabeth

Studio
$1,050
MEDIAN RENT
1 Bedroom
$1,649
MEDIAN RENT
2 Bedroom
$2,199
MEDIAN RENT

Elizabeth neighborhood apartments rents

The rental market for studios in Elizabeth, North Carolina is showing signs of growth. In July 2023, there was only one new studio listing, but the median rent for studios decreased by 24.9% from June 2023 to July 2023, from $1,399 to $1,050. This suggests that the rental market for studios in Elizabeth is becoming more competitive, with landlords offering lower rents to attract tenants.

The rental market for 1-bedroom apartments in Elizabeth, North Carolina is showing signs of growth. In July 2023, there were 19 new 1-bedroom listings, which is an 8.0% increase from the previous month. The median rent for 1-bedroom apartments in July 2023 was $1,649, which is 8.0% higher than the median rent in June 2023. This indicates that the rental market for 1-bedroom apartments in Elizabeth is becoming more competitive and that prices are increasing.

The rental market for 2-bedroom apartments in Elizabeth, North Carolina is showing signs of stability. In July 2023, there were 19 new 2-bedroom listings, with a median rent of $2,199. This is a slight decrease of 2.9% from the median rent of $2,265 in June 2023. This suggests that the rental market is not experiencing any major fluctuations, and that the prices of 2-bedroom apartments in Elizabeth are staying relatively consistent.

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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 Elizabeth is $2,000.
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