Rental market snapshot for Montclaire South, Charlotte
Montclaire South rental market summary
The rental market in Montclaire South, North Carolina is showing signs of stability. In July 2023, there were 266 new listings, indicating that the market is still active. The median rent for the month of July 2023 was $1,670, which is the same as the median rent for June 2023. This suggests that the rental market in Montclaire South is not experiencing any significant changes in terms of pricing. Furthermore, when compared to the median rent in July 2022, the median rent in July 2023 has only increased by 1.2%, indicating that the rental market is relatively stable.
Overall, the rental market in Montclaire South, North Carolina appears to be healthy and stable. The number of new listings and the median rent have remained relatively consistent over the past year, suggesting that the market is not experiencing any drastic changes. This is good news for those looking to rent in the area, as it indicates that the market is not overly volatile and that prices are likely to remain steady.
Median rent for all residential properties in Montclaire South
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The most expensive listings and top trending buildings in Montclaire South
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
7809 Rabbits Foot Ln Unit 90 | $2,870 | 3 / 2.5 |
4928 Old Pineville Road | $2,600 | 2 / 2.0 |
2051 Establishment Way | $2,590 | 3 / 2.0 |
9918 Ainslie Downs St | $2,590 | 4 / 3.0 |
4928 Old Pineville Road | $2,506 | 3 / 4.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Pegasus Residential | $1,700 |
Pegasus Residential* | $1,550 |
Arlington Properties | $1,475 |
RangeWater Residential (fka Matrix Residential) | $1,210 |
Friedlam Partners | $1,200 |
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Bedroom Breakdown in Montclaire South
Montclaire South neighborhood apartments rents
The rental market for studios in Montclaire South, North Carolina, is relatively stable. In July 2023, there were 4 new studio listings, and the median rent for studios was $1,145, only a .4% increase from the median rent in June 2023, which was $1,140. This indicates that the rental market for studios in Montclaire South is not experiencing significant fluctuations in rent prices.
The rental market for 1-bedroom apartments in Montclaire South, North Carolina is showing signs of growth. In July 2023, there were 11 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,475, a 1.7% decrease from 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 Montclaire South, North Carolina is showing signs of growth and increased competition.
The rental market for 2-bedroom apartments in Montclaire South, North Carolina is showing signs of growth. In July 2023, there were 14 new 2-bedroom listings, which is a positive sign for the market. The median rent for 2-bedroom apartments in July 2023 was $2,000, which is a 2.6% increase from the median rent in June 2023. This indicates that the rental market is becoming more competitive and that demand for 2-bedroom apartments is increasing.