Rental market snapshot for Six Forks, Raleigh
Six Forks rental market summary
The rental market in Six Forks, North Carolina is showing signs of growth. In July of 2023, there were 71 new listings, a sign that the rental market is expanding. The median rent in July 2023 was $1,776, a slight increase of .2% from the previous month. This is also a .3% increase from the same time last year, indicating that the rental market is continuing to grow.
Overall, the rental market in Six Forks is looking positive. With more new listings and a steady increase in median rent, it appears that the rental market is continuing to expand. This is good news for potential renters, as it means more options and more competitive prices.
Median rent for all residential properties in Six Forks
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The most expensive listings and top trending buildings in Six Forks
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 4208 Rowan St | $5,500 | 4 / 3.0 |
| 3900 Lassiter Mill Rd | $4,450 | 3 / 2.0 |
| 107 Kipling Pl | $3,800 | 3 / 3.0 |
| 207 W Drewry Ln | $3,500 | 3 / 2.0 |
| 604 Davidson St | $3,250 | 4 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| The Bainbridge Companies | $1,801 |
| Avenue 5 Residential | $1,774 |
| Waterton Residential LLC | $1,535 |
| Greystar* | $1,518 |
| Pegasus Residential* | $1,280 |
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Bedroom Breakdown in Six Forks
Six Forks neighborhood apartments rents
The rental market for studios in Six Forks, North Carolina is showing signs of growth. In July 2023, there were 3 new studio listings, indicating an increase in demand for studio apartments. The median rent for studios in July 2023 was $1,513, a 5.0% increase from the median rent in June 2023, which was $1,441. This suggests that the rental market for studios in Six Forks is becoming more competitive, with landlords able to increase their prices due to the increased demand.
The rental market for 1-bedroom apartments in Six Forks, North Carolina is showing signs of stability. In July 2023, there were 15 new 1-bedroom listings, and the median rent for 1-bedroom apartments was $1,715, a 3.6% decrease from the median rent in June 2023. This suggests that the rental market is not experiencing significant fluctuations in prices, and that the market is likely to remain stable in the near future.
The rental market for 2-bedroom apartments in Six Forks, North Carolina is showing signs of growth. In July 2023, there were 9 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 $1,903, which is a 4.7% 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 Six Forks is looking positive.