Rental market snapshot for Piper Glen Estates, Charlotte

Piper Glen Estates rental market summary

The rental market in Piper Glen Estates, North Carolina is booming. In July 2023, there were 61 new listings, a significant increase from the previous month. The median rent for the area also increased from $2,495 in June 2023 to $2,595 in July 2023, representing a 4.0% increase. This is a significant jump from the median rent of $1,850 in July 2022, representing a 40.3% increase in rent over the past year.

Overall, the rental market in Piper Glen Estates is experiencing strong growth. With more listings and higher median rents, the area is becoming increasingly attractive to potential renters. With the current trend of growth, it is likely that the rental market in Piper Glen Estates will continue to be strong in the future.

Median rent for all residential properties in Piper Glen Estates

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

The most expensive listings and top trending buildings in Piper Glen Estates

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

Bedroom Breakdown in Piper Glen Estates

1 Bedroom
$1,382
MEDIAN RENT
2 Bedroom
$1,450
MEDIAN RENT

Piper Glen Estates neighborhood apartments rents

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

The rental market for 1-bedroom apartments in Piper Glen Estates, North Carolina is showing signs of growth. In November 2021, there were 4 new 1-bedroom listings, which is a positive sign for the market. The median rent for 1-bedroom apartments in November 2021 was $1,382, which is a 3.5% increase from the median rent in October 2021 of $1,334. This indicates that the rental market is on the rise and that demand for 1-bedroom apartments is increasing.

The rental market for 2-bedroom apartments in Piper Glen Estates, North Carolina is expected to remain relatively stable in August 2022, with only one new listing. The median rent for 2-bedroom apartments is projected to decrease by 9.4% from July 2022 to August 2022, from $1,600 to $1,450. This suggests that the rental market in Piper Glen Estates is likely to remain competitive, with landlords offering competitive rates to attract tenants.

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 Piper Glen Estates is $2,595.
Made withDataherald