Rental market snapshot for Ponderosa-Wingate, Charlotte

Ponderosa-Wingate rental market summary

The rental market in Ponderosa-Wingate, North Carolina is showing signs of stability. In July 2023, there were 58 new listings, indicating that the rental market is still active. The median rent in July 2023 was $1,640, which is the same as the median rent in June 2023. This suggests that the rental market is not experiencing any significant changes in terms of pricing. Furthermore, the median rent in July 2023 is only 0.9% higher than the median rent in July 2022, indicating that the rental market is not experiencing any significant increases in pricing.

Overall, the rental market in Ponderosa-Wingate, North Carolina appears to be stable and relatively affordable. The number of new listings and the median rent remain relatively consistent, suggesting that the rental market is not experiencing any major changes. This is good news for potential renters, as it indicates that they can expect to find affordable rental options in the area.

Median rent for all residential properties in Ponderosa-Wingate

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The most expensive listings and top trending buildings in Ponderosa-Wingate

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Bedroom Breakdown in Ponderosa-Wingate

1 Bedroom
$1,200
MEDIAN RENT
2 Bedroom
$1,300
MEDIAN RENT

Ponderosa-Wingate neighborhood apartments rents

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

The rental market for 1-bedroom apartments in Ponderosa-Wingate, North Carolina, remained relatively stable in July 2023, with no new listings and no change in median rent from the previous month. The median rent for 1-bedroom apartments in July 2023 was $1,200, the same as in June 2023. This indicates that the rental market in Ponderosa-Wingate is relatively stable and that there is no significant change in the demand for 1-bedroom apartments.

The rental market for 2-bedroom apartments in Ponderosa-Wingate, North Carolina appears to be stable, with three new listings in July 2023 and a median rent of $1,300. Unfortunately, no data is available for June 2023, so it is not possible to determine the percent change in rent from June to July. Overall, the rental market for 2-bedroom apartments in Ponderosa-Wingate appears to be steady.

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 Ponderosa-Wingate is $1,640.
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