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
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
2508 April Liu Lane | $2,279 | 3 / 2.0 |
1434 Squirrel Hill Road | $1,945 | 4 / 2.5 |
203 Kingville Dr | $1,790 | 3 / 2.5 |
326 Kingville Dr | $1,765 | 3 / 2.5 |
5329 MYRICA LN #1 | $1,725 | 3 / 1.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Mission Rock Residential | $1,552 |
FriedLam Partners LLC | $1,240 |
Cushman & Wakefield | $1,134 |
Friedlam Partners | $1,075 |
Peak Living | $1,058 |
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Bedroom Breakdown in Hidden Valley
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.