Rental market snapshot for Lockwood, Charlotte

Lockwood rental market summary

The rental market in Lockwood, North Carolina is showing signs of growth. In July 2023, there were 17 new listings, indicating an increase in rental activity. The median rent also increased from $1,465 in June 2023 to $1,595 in July 2023, representing an 8.9% increase. This is a significant increase compared to the median rent in July 2022, which was $1,779, representing a 10.3% decrease.

Overall, the rental market in Lockwood, North Carolina is showing signs of improvement. With an increase in new listings and a rise in median rent, it is likely that the rental market will continue to grow in the coming months.

Median rent for all residential properties in Lockwood

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The most expensive listings and top trending buildings in Lockwood

Most Expensive Listings

AddressRent PriceBed / Bath
606 N Carolina Music Factory Blvd$2,2252 / 2.0
606 N Carolina Music Factory Blvd$1,9411 / 1.0
606 N Carolina Music Factory Blvd$1,5950 / 1.0
606 N Carolina Music Factory Blvd$1,4650 / 1.0
320 Sylvania Ave$1,4002 / 1.0

Top Trending Buildings

building nameavg rent price
Greystar*$1,941

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Bedroom Breakdown in Lockwood

Studio
$1,465
MEDIAN RENT
1 Bedroom
$1,941
MEDIAN RENT
2 Bedroom
$2,225
MEDIAN RENT

Lockwood neighborhood apartments rents

The rental market for studios in Lockwood, North Carolina is showing signs of growth. In July 2023, there were 4 new studio listings, which is an increase from the previous month. The median rent for studios in July 2023 was $1,465, which is a 6.9% increase from the median rent in June 2023 of $1,370. This suggests that the rental market for studios in Lockwood is becoming more competitive, and renters should expect to pay more for their studio apartments.

The rental market for 1-bedroom apartments in Lockwood, North Carolina is showing signs of growth. In July 2023, there was only one new 1-bedroom listing, but the median rent for 1-bedroom apartments increased by 11.6% from June 2023 to July 2023, from $1,740 to $1,941. This suggests that demand for 1-bedroom apartments is increasing, and that the rental market in Lockwood is likely to continue to grow in the coming months.

The rental market for 2-bedroom apartments in Lockwood, North Carolina is showing signs of growth. In July 2023, there was only one new 2-bedroom listing, but the median rent for 2-bedroom apartments increased by 39.5% from June 2023 to July 2023, from $1,595 to $2,225. This suggests that demand for 2-bedroom apartments is increasing, and that the rental market is becoming more competitive.

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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 Lockwood is $1,595.
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