Rental market snapshot for East Forest, Matthews

East Forest rental market summary

The rental market in East Forest, North Carolina is showing signs of growth. In July 2023, there were 43 new listings, indicating an increase in demand for rental properties. The median rent for the month of July 2023 was $1,340, a decrease of 16.7% from the previous month and a 19.9% decrease from the same time last year. This suggests that rental prices are becoming more affordable in East Forest, making it a more attractive option for renters.

Overall, the rental market in East Forest is becoming more competitive, with an increasing number of listings and decreasing rental prices. This could be a great opportunity for renters looking for a new home in the area. With more options and lower prices, East Forest could be the perfect place to call home.

Median rent for all residential properties in East Forest

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The most expensive listings and top trending buildings in East Forest

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Bedroom Breakdown in East Forest

1 Bedroom
$1,295
MEDIAN RENT
2 Bedroom
$1,640
MEDIAN RENT

East Forest neighborhood apartments rents

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

The rental market for 1-bedroom apartments in East Forest, North Carolina is showing signs of growth. In July 2023, there were 17 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,295, a 5.9% 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 East Forest appears to be on the rise.

The rental market for 2-bedroom apartments in East Forest, North Carolina is showing signs of growth. In July 2023, there were 9 new 2-bedroom listings, representing a 3.6% increase in median rent from June 2023. The median rent for 2-bedroom apartments in July 2023 was $1,640, indicating that the rental market is on the rise. This is good news for potential renters looking for a 2-bedroom apartment in East Forest, as it suggests that there is an increasing number of options available.

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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 East Forest is $1,340.
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