Rental market snapshot for East Westwood, Cincinnati

East Westwood rental market summary

The rental market in East Westwood, Ohio is showing signs of growth. In July 2023, there were 13 new listings, a significant increase from the previous month. The median rent for the month of July 2023 was $945, an 18.6% increase from the previous month and a 14.5% increase from the same time last year. This indicates that the rental market in East Westwood is becoming increasingly competitive, with more people looking for rental properties and landlords raising their prices.

Overall, the rental market in East Westwood is on the rise. With more listings and higher median rents, it is becoming a more attractive option for renters. As the demand for rental properties continues to increase, landlords will likely continue to raise their prices in order to keep up with the competition. This could lead to a further increase in median rents in the future.

Median rent for all residential properties in East Westwood

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The most expensive listings and top trending buildings in East Westwood

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Bedroom Breakdown in East Westwood

Studio
$550
MEDIAN RENT
1 Bedroom
$750
MEDIAN RENT
2 Bedroom
$915
MEDIAN RENT

East Westwood neighborhood apartments rents

The rental market for studios in East Westwood, Ohio appears to be strong in May 2022, with 8 new listings coming onto the market. The median rent for studios in May 2022 is $550, though the median rent for April 2022 is not available. Therefore, it is not possible to determine the percent change in rent from April 2022 to May 2022. Nevertheless, the number of new listings suggests that the rental market for studios in East Westwood is healthy.

The rental market for 1-bedroom apartments in East Westwood, Ohio is showing signs of growth. In June 2023, there was only one new 1-bedroom listing, but the median rent for 1-bedroom apartments increased by 15.8% from May 2023 to June 2023, from $648 to $750. This suggests that demand for 1-bedroom apartments is increasing, and that the rental market is becoming more competitive.

The rental market for 2-bedroom apartments in East Westwood, Ohio appears to be stable, with six new listings in July 2022. The median rent for 2-bedroom apartments in July 2022 is $915, indicating that the market is not experiencing any significant changes in pricing. Unfortunately, no data is available for June 2022, so it is not possible to determine the percent change in rent from June to July. Overall, the rental market for 2-bedroom apartments in East Westwood appears to be stable and consistent.

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 Westwood is $945.
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