Rental market snapshot for Sedgefield, Charlotte
Sedgefield rental market summary
The rental market in Sedgefield, North Carolina is currently experiencing a steady increase in demand. In July 2023, there were 116 new listings, indicating that more people are looking for rental properties in the area. The median rent in July 2023 was $1,941, which is a 1.5% increase from the previous month and a 7.2% increase from the same time last year. This indicates that the rental market in Sedgefield is becoming more competitive as demand for rental properties continues to rise.
Overall, the rental market in Sedgefield is showing signs of growth and stability. With the increasing number of new listings and the steady rise in median rent prices, it is clear that the rental market in Sedgefield is becoming more attractive to potential renters. With the right strategies, landlords and property owners can take advantage of the current market conditions and capitalize on the increasing demand for rental properties in the area.
Median rent for all residential properties in Sedgefield
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The most expensive listings and top trending buildings in Sedgefield
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
816 Sedgefield Rd | $4,200 | 3 / 2.0 |
2630 South Blvd | $3,860 | 2 / 2.0 |
700 Poindexter Dr | $3,800 | 4 / 2.0 |
145 New Bern St | $3,551 | 2 / 2.0 |
2705 Haverford Place | $3,370 | 2 / 2.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Greystar* | $2,346 |
Marsh Properties | $2,046 |
Quarterra | $1,982 |
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Bedroom Breakdown in Sedgefield
Sedgefield neighborhood apartments rents
The rental market for studios in Sedgefield, North Carolina, is showing signs of improvement in July 2023. There are 9 new studio listings, and the median rent has decreased by 4.2% from June 2023 to July 2023, from $1,851 to $1,773. This indicates that the rental market is becoming more competitive, and renters may be able to find better deals on studio apartments in the area.
The rental market for 1-bedroom apartments in Sedgefield, North Carolina is showing signs of growth. In July 2023, there were 23 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,959, a 5.8% decrease from the median rent in June 2023. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for 1-bedroom apartments in Sedgefield appears to be on the rise.
The rental market for 2-bedroom apartments in Sedgefield, North Carolina is showing signs of growth. In July 2023, there were 11 new 2-bedroom listings, indicating an increase in demand for these types of apartments. The median rent for 2-bedroom apartments in July 2023 was $2,841, a 2.1% decrease from the median rent in June 2023. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for 2-bedroom apartments in Sedgefield is looking positive.