Rental market snapshot for Rain Tree, Charlotte

Rain Tree rental market summary

The rental market in Rain Tree, North Carolina is showing signs of growth. In July 2023, there were 84 new listings, a 9.1% increase from the previous month. This indicates that more people are looking to rent in the area. The median rent in July 2023 was $1,995, the same as it was in July 2022. This suggests that the rental market in Rain Tree is stable and not experiencing any major fluctuations.

Overall, the rental market in Rain Tree is looking positive. With an increase in new listings and a stable median rent, it is a great time to rent in the area. With the right research and planning, renters can find a great place to call home in Rain Tree.

Median rent for all residential properties in Rain Tree

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The most expensive listings and top trending buildings in Rain Tree

Most Expensive Listings

AddressRent PriceBed / Bath
3530 Windbluff Dr$6,5004 / 3.0
9207 Sandpiper Dr$3,0004 / 2.5
4830 Truesdale Pl$2,5653 / 2.5
4309 Rounding Run Rd$2,5054 / 2.5
7920 Horse Chestnut Ln$2,3153 / 2.0

Top Trending Buildings

building nameavg rent price
Midwest Diversified$1,300

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Bedroom Breakdown in Rain Tree

1 Bedroom
$1,300
MEDIAN RENT
2 Bedroom
$1,798
MEDIAN RENT

Rain Tree neighborhood apartments rents

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

The rental market for 1-bedroom apartments in Rain Tree, North Carolina, remains relatively stable in July 2023, with no change in median rent from the previous month. There was only one new listing in July, indicating that the market is not seeing much growth. This suggests that the rental market in Rain Tree is relatively stable and that there is not much competition for 1-bedroom apartments.

The rental market for 2-bedroom apartments in Rain Tree, North Carolina is showing signs of growth. In July 2023, there were 4 new 2-bedroom listings, which is a positive sign for the market. The median rent for 2-bedroom apartments in July 2023 was $1,798, which is an 11.5% increase from the median rent in June 2023 of $1,612. This indicates that the rental market for 2-bedroom apartments in Rain Tree is on the rise and is likely to continue to increase in the coming months.

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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 Rain Tree is $1,995.
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