Rental market snapshot for University City South, Charlotte

University City South rental market summary

The rental market in University City South, North Carolina is showing signs of growth. In July 2023, there were 20 new listings, indicating an increase in demand for rental properties. The median rent for the area in July 2023 was $2,195, a 30.7% increase from the previous month and a 43.0% increase from the same time last year. This suggests that rental prices are on the rise, likely due to the increasing demand for rental properties in the area.

Overall, the rental market in University City South, North Carolina appears to be healthy and growing. With the number of new listings increasing and rental prices rising, it is likely that the rental market will continue to be strong in the coming months. This is good news for both landlords and tenants, as it indicates that the rental market is stable and that there is a healthy demand for rental properties in the area.

Median rent for all residential properties in University City South

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

Most Expensive Listings

AddressRent PriceBed / Bath
400 Tasse Pl$3,0006 / 4.0
4215 Autumn Frost Trl$2,4955 / 2.0
4216 Autumn Frost Trl$2,2955 / 2.0
4243 Autumn Frost Trl$2,2955 / 2.0
4223 Autumn Frost Trl$2,1954 / 2.0

Top Trending Buildings

building nameavg rent price
RangeWater Residential (fka Matrix Residential)$1,083
Drucker and Falk LLC$961

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Bedroom Breakdown in University City South

Studio
$1,095
MEDIAN RENT
1 Bedroom
$1,035
MEDIAN RENT
2 Bedroom
$1,463
MEDIAN RENT

University City South neighborhood apartments rents

The rental market for studios in University City South, North Carolina, is relatively stable. In July 2023, there was only one new studio listing, and the median rent for studios remained nearly the same, decreasing by only .9% from June 2023 to July 2023. This indicates that the rental market for studios in University City South is not experiencing any significant changes in terms of availability or pricing.

The rental market for 1-bedroom apartments in University City South, North Carolina is showing signs of growth. In July 2023, there were 3 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,035, which is 8.4% 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 1-bedroom apartments in University City South, North Carolina is looking positive.

The rental market for 2-bedroom apartments in University City South, North Carolina is showing signs of growth. In May 2023, there was only one new 2-bedroom listing, but the median rent for 2-bedroom apartments increased by 8.7% from April 2023 to May 2023, from $1,346 to $1,463. This suggests that demand for 2-bedroom apartments is increasing, and that the rental market is likely to continue to grow 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 University City South is $2,195.
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