Rental market snapshot for University City North, Charlotte

University City North rental market summary

The rental market in University City North, North Carolina is showing signs of growth. In July of 2023, there were 173 new listings, a significant increase from the previous month. The median rent in July of 2023 was $1,783, a 6.7% increase from the previous month and a 9.7% increase from the same time last year. This indicates that the rental market in University City North is becoming increasingly competitive and that prices are rising.

Renters in University City North should be aware of the increasing competition and rising prices. With more people looking for rental properties, it is important to be prepared and to act quickly when a desirable property becomes available. Additionally, renters should be prepared to pay higher prices than they may have been used to in the past. With the rental market in University City North continuing to grow, it is important to stay informed and to be aware of the changing market conditions.

Median rent for all residential properties in University City North

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The most expensive listings and top trending buildings in University City North

Most Expensive Listings

AddressRent PriceBed / Bath
5315 Waters Edge Village Dr$2,7302 / 2.0
1018 Catalyst Blvd$2,7003 / 3.5
1018 Catalyst Blvd$2,6753 / 3.0
5315 Waters Edge Village Dr$2,6372 / 2.0
5315 Waters Edge Village Drive$2,6372 / 2.0

Top Trending Buildings

building nameavg rent price
Greystar - Southeast Division$1,809
CRESCENT COMMUNITIES$1,791
American Landmark Management LLC$1,473
Magnolia Capital Management Company Inc.$1,421
Cortland*$1,375

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Bedroom Breakdown in University City North

Studio
$1,392
MEDIAN RENT
1 Bedroom
$1,472
MEDIAN RENT
2 Bedroom
$1,890
MEDIAN RENT

University City North neighborhood apartments rents

The rental market for studios in University City North, North Carolina is showing signs of growth. In July 2023, there were 12 new studio listings, which is an increase from the previous month. The median rent for studios in July 2023 was $1,392, which is a 1.6% increase from the median rent in June 2023. This suggests that the rental market for studios in University City North is becoming more competitive, with more people looking to rent studios in the area.

The rental market for 1-bedroom apartments in University City North, North Carolina is showing signs of growth. In July 2023, there were 32 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,472, a 1.3% 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 University City North appears to be on the rise.

The rental market for 2-bedroom apartments in University City North, North Carolina is showing signs of growth. In July 2023, there were 35 new 2-bedroom listings, a 10.4% increase in median rent from June 2023 to July 2023, and a median rent of $1,890. This indicates that the rental market is becoming more competitive and that demand for 2-bedroom apartments is increasing.

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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 University City North is $1,783.
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