Rental market snapshot for Oakview Terrace, Charlotte

Oakview Terrace rental market summary

The rental market in Oakview Terrace, North Carolina is showing signs of growth. In July 2023, there were 63 new listings, indicating an increase in demand for rental properties. The median rent in July 2023 was $1,775, which is the same as the median rent in June 2023. This suggests that the rental market is stable and that prices are not fluctuating significantly.

When compared to July 2022, the median rent in July 2023 has increased by 42.6%. This is a significant increase in rent prices and indicates that the rental market in Oakview Terrace is becoming more competitive. With more people looking to rent in the area, landlords are able to increase their prices and take advantage of the growing demand.

Median rent for all residential properties in Oakview Terrace

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The most expensive listings and top trending buildings in Oakview Terrace

Most Expensive Listings

AddressRent PriceBed / Bath
120 Honeywood Avenue$1,9194 / 2.5
120 Honeywood Ave$1,8994 / 2.5
120 Honeywood Avenue$1,8994 / 2.5
221 CENTRE St $1,8404 / 2.0
205 Centre Street$1,7753 / 2.5

Top Trending Buildings

building nameavg rent price
Friedlam Partners$1,275

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Bedroom Breakdown in Oakview Terrace

1 Bedroom
$1,275
MEDIAN RENT
2 Bedroom
$1,175
MEDIAN RENT

Oakview Terrace neighborhood apartments rents

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

The rental market for 1-bedroom apartments in Oakview Terrace, North Carolina, remained relatively stable in May 2023, with no change in median rent from the previous month. There was only one new listing in May, indicating that the market is still tight. This could be due to the fact that the area is popular with renters, and there is limited availability of 1-bedroom apartments. Despite the lack of new listings, the median rent of $1,275 remains affordable for many renters.

The rental market for 2-bedroom apartments in Oakview Terrace, North Carolina appears to be relatively stable, with only one new listing in July 2023 and a median rent of $1,175. Unfortunately, no data is available for June 2023, so it is impossible to determine the percent change in rent from June to July. Overall, the rental market for 2-bedroom apartments in Oakview Terrace appears to be relatively steady.

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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 Oakview Terrace is $1,775.
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