Rental market snapshot for Hidden Valley, Charlotte

Hidden Valley rental market summary

The rental market in Hidden Valley, North Carolina is showing signs of growth. In July 2023, there were 406 new listings, a 4.5% increase from the same time last year. The median rent in July 2023 was $1,615, a 0.9% increase from the previous month and a 4.5% increase from July 2022. This indicates that the rental market in Hidden Valley is becoming increasingly competitive, with more people looking for rental properties and landlords able to charge higher rents.

The increasing demand for rental properties in Hidden Valley is likely due to the area's strong job market and growing population. With more people looking for rental properties, landlords are able to charge higher rents, which is reflected in the median rent increase of 4.5% from July 2022 to July 2023. This trend is likely to continue as more people move to the area and the job market continues to grow.

Median rent for all residential properties in Hidden Valley

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The most expensive listings and top trending buildings in Hidden Valley

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Bedroom Breakdown in Hidden Valley

Studio
$999
MEDIAN RENT
1 Bedroom
$1,143
MEDIAN RENT
2 Bedroom
$1,360
MEDIAN RENT

Hidden Valley neighborhood apartments rents

The rental market for studios in Hidden Valley, North Carolina is showing signs of stability. In July 2023, there were 3 new studio listings, with a median rent of $999. This is a decrease of 8.2% from the median rent of $1,088 in June 2023. This suggests that the rental market for studios in Hidden Valley is becoming more affordable, and that the demand for studio apartments is increasing.

The rental market for 1-bedroom apartments in Hidden Valley, North Carolina is showing signs of growth. In July 2023, there were 12 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,143, a 1.2% 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 Hidden Valley, North Carolina is showing signs of growth. In July 2023, there were 16 new 2-bedroom listings, which is a positive sign for the rental market. The median rent for 2-bedroom apartments in July 2023 was $1,360, which is a 1.4% decrease from the median rent in June 2023 of $1,380. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for 2-bedroom apartments in Hidden Valley, North Carolina is looking positive.

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 Hidden Valley is $1,615.
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