Rental market snapshot for Governor's Square, Charlotte

Governor's Square rental market summary

The rental market in Governor's Square, North Carolina is showing signs of growth. In July 2023, there were 13 new listings, indicating an increase in demand for rental properties in the area. The median rent in July 2023 was $1,439, a decrease of 4.0% from the previous month and a 10.0% decrease from the same time last year. This suggests that the rental market in Governor's Square is becoming more affordable for tenants.

Overall, the rental market in Governor's Square is becoming more attractive for tenants. With more new listings and a decrease in median rent, tenants can find more affordable rental options in the area. This could lead to an increase in demand for rental properties in Governor's Square in the future.

Median rent for all residential properties in Governor's Square

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The most expensive listings and top trending buildings in Governor's Square

Most Expensive Listings

AddressRent PriceBed / Bath
4612 Simsbury Rd$1,4392 / 2.0
4612 Simsbury Rd$1,3491 / 1.0
4612 Simsbury Rd$1,2991 / 1.0
4612 Simsbury Rd$1,2091 / 1.0

Top Trending Buildings

building nameavg rent price
Camden$1,286

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Bedroom Breakdown in Governor's Square

1 Bedroom
$1,299
MEDIAN RENT
2 Bedroom
$1,439
MEDIAN RENT

Governor's Square neighborhood apartments rents

Uh-oh! Looks like we don't have any data in Governor's Square, North Carolina, for studios.

The rental market for 1-bedroom apartments in Governor's Square, 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 $1,299, which is 12.2% lower than 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 Governor's Square, North Carolina is looking positive.

The rental market for 2-bedroom apartments in Governor's Square, North Carolina is relatively stable. In July 2023, there were only two new listings, indicating that the market is not experiencing a large influx of new properties. The median rent for 2-bedroom apartments in July 2023 was $1,439, which is a 4.3% decrease from the median rent in June 2023 of $1,504. This suggests that the rental market is not experiencing significant inflation or deflation. Overall, the rental market for 2-bedroom apartments in Governor's Square, North Carolina is relatively stable.

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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 Governor's Square is $1,439.
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