Rental market snapshot for Providence Plantation, Charlotte

Providence Plantation rental market summary

The rental market in Providence Plantation, North Carolina is showing signs of growth. In July of 2023, there were 51 new listings, a 17.3% increase from the previous month. This is a significant increase from the same time last year, when there were no new listings. The median rent for the area has also increased by 17.3% from the previous month, and is now at $2,145. This is a slight increase from the median rent of $2,595 in July of 2022.

Overall, the rental market in Providence Plantation, North Carolina is showing signs of growth. With more listings and an increase in median rent, it is becoming an attractive option for those looking for a place to rent. With the current market conditions, it is likely that the rental market in the area will continue to grow in the coming months.

Median rent for all residential properties in Providence Plantation

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The most expensive listings and top trending buildings in Providence Plantation

Most Expensive Listings

AddressRent PriceBed / Bath
5534 Open Book Ln$4,1954 / 4.0
4919 Sarah Hall Ln$3,1504 / 2.5
3830 Providence Plantation Ln$3,0455 / 2.5
5644 Rocky Trail Ct$2,5955 / 3.5
2951 Redfield Dr$2,1453 / 2.5

Top Trending Buildings

building nameavg rent price
Marsh Properties$1,320

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Bedroom Breakdown in Providence Plantation

1 Bedroom
$1,320
MEDIAN RENT
2 Bedroom
$1,500
MEDIAN RENT

Providence Plantation neighborhood apartments rents

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

The rental market for 1-bedroom apartments in Providence Plantation, North Carolina, remained relatively stable in July 2021, with only one new listing and no change in median rent from the previous month. The median rent for a 1-bedroom apartment in July 2021 was $1,320, the same as in June 2021. This indicates that the rental market in Providence Plantation is relatively stable, with no significant changes in rent prices.

The rental market for 2-bedroom apartments in Providence Plantation, North Carolina is relatively stable. In September 2022, there was only one new 2-bedroom listing, and the median rent for 2-bedroom apartments remained the same as in August 2022 at $1,500. This indicates that the rental market is not experiencing any significant changes in terms of rent prices or availability.

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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 Providence Plantation is $2,145.
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