Rental market snapshot for Hickory Ridge, Charlotte

Hickory Ridge rental market summary

The rental market in Hickory Ridge, North Carolina is showing signs of stability. In July of 2023, there were 267 new listings, indicating that the market is still active and growing. The median rent for the month of July 2023 was $1,710, a slight decrease of 2.3% from the previous month, but a small increase of .3% from the same time last year. This suggests that the rental market in Hickory Ridge is relatively stable, with small fluctuations in rent prices.

Overall, the rental market in Hickory Ridge is healthy and growing. With a steady influx of new listings and only slight changes in rent prices, it is a great place to find a rental property. The market is not overly volatile, so renters can expect to find a good deal and a stable rental market.

Median rent for all residential properties in Hickory Ridge

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The most expensive listings and top trending buildings in Hickory Ridge

Most Expensive Listings

AddressRent PriceBed / Bath
7315 Heronwood Ln$3,5003 / 2.0
7434 Crestside Ln$2,4303 / 2.0
7448 Claymont Dr Unit 87$2,4303 / 2.0
9111 Touchstone Lane$2,0904 / 3.0
6806 San Luis Lane$2,0453 / 2.0

Top Trending Buildings

building nameavg rent price
Dasmen Residential LLC$1,044

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Bedroom Breakdown in Hickory Ridge

1 Bedroom
$1,044
MEDIAN RENT
2 Bedroom
$1,214
MEDIAN RENT

Hickory Ridge neighborhood apartments rents

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

The rental market for 1-bedroom apartments in Hickory Ridge, North Carolina is relatively stable. In July 2023, there were two new 1-bedroom listings, and the median rent for 1-bedroom apartments was $1,044, a slight decrease of .5% from the median rent in June 2023. This indicates that the rental market for 1-bedroom apartments in Hickory Ridge is not experiencing any significant changes in terms of pricing or availability.

The rental market for 2-bedroom apartments in Hickory Ridge, North Carolina is showing a slight decrease in rent from June to July of 2023. In July, there were 6 new 2-bedroom listings, with a median rent of $1,214. This is a 1.2% decrease from the median rent of $1,229 in June. This slight decrease in rent could be an indication of a softening rental market in the area.

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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 Hickory Ridge is $1,710.
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