Rental market snapshot for Touchstone Village-Elm Lane, Charlotte
Touchstone Village-Elm Lane rental market summary
The rental market in Touchstone Village-Elm Lane, North Carolina is showing signs of growth. In July 2023, there were 36 new listings, a significant increase from the previous month. The median rent for July 2023 was $1,999, a 3.7% increase from June 2023. This is also a 14.3% increase from July 2022, indicating that the rental market is steadily increasing.
Overall, the rental market in Touchstone Village-Elm Lane, North Carolina is in a positive trend. With more new listings and increasing median rent prices, it is a great time to invest in the rental market in this area. With the right strategies, investors can take advantage of the current market conditions and make a good return on their investments.
Median rent for all residential properties in Touchstone Village-Elm Lane
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The most expensive listings and top trending buildings in Touchstone Village-Elm Lane
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 9024 Twilight Hill Court | $2,635 | 3 / 2.5 |
| 9024 Twilight Hill Ct | $2,635 | 3 / 2.5 |
| 9629 Stoney Hill Ln | $2,075 | 4 / 2.5 |
| 9200 Westbury Woods Dr | $1,999 | 3 / 2.0 |
| 6800 Fishers Farm Ln | $1,767 | 3 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Waterton Residential LLC | $1,364 |
| Camden | $1,319 |
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Bedroom Breakdown in Touchstone Village-Elm Lane
Touchstone Village-Elm Lane neighborhood apartments rents
Uh-oh! Looks like we don't have any data in Touchstone Village-Elm Lane, North Carolina, for studios.
The rental market for 1-bedroom apartments in Touchstone Village-Elm Lane, North Carolina, is showing signs of growth. In July 2023, there were two new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,342, a 1.7% increase from the median rent in June 2023. This suggests that the rental market is becoming more competitive, and that renters should expect to pay more for 1-bedroom apartments in the area.
The rental market for 2-bedroom apartments in Touchstone Village-Elm Lane, North Carolina is showing signs of growth. In July 2023, there were 4 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 $1,560, which is 8.5% lower than 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 Touchstone Village-Elm Lane, North Carolina is looking positive.