Rental market snapshot for University District, Cleveland
University District rental market summary
The rental market in University District, Ohio is showing signs of growth. In July of 2023, there were 100 new listings, a 21.6% increase from the previous month. This suggests that the rental market is becoming more competitive, as more people are looking for housing in the area. The median rent in July 2023 was $1,775, a 15.5% increase from the same time last year. This indicates that the rental market is becoming more expensive, as demand for housing in the area is increasing.
Overall, the rental market in University District, Ohio is showing signs of growth. With an increase in new listings and a rise in median rent, it is clear that the rental market is becoming more competitive and expensive. As the demand for housing in the area continues to increase, it is likely that the rental market will continue to grow in the coming months.
Median rent for all residential properties in University District
Get the latest rental data first
The most expensive listings and top trending buildings in University District
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
10600 Chester Ave | $5,302 | 3 / 2.0 |
10600 Chester Ave | $3,787 | 2 / 2.0 |
10600 Chester Ave | $3,276 | 2 / 2.0 |
1625 E 118th St | $3,250 | 5 / 3.5 |
10600 Chester Ave | $3,220 | 2 / 2.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
NRP Group | $2,373 |
WXZ Development INC | $1,692 |
Get the latest rental data first
Bedroom Breakdown in University District
University District neighborhood apartments rents
The rental market for studios in University District, Ohio is showing signs of growth. In June 2023, there were 5 new studio listings, representing a 21.6% increase in rent from May 2023. The median rent for studios in June 2023 was $2,005, a significant increase from the median rent of $1,649 in May 2023. This suggests that the rental market for studios in University District is becoming increasingly competitive, with more people looking to rent studios in the area.
The rental market for 1-bedroom apartments in University District, Ohio is showing signs of growth. In July 2023, there were 16 new 1-bedroom listings, which is a 12.5% increase from the previous month. The median rent for 1-bedroom apartments in July 2023 was $2,060, which is a decrease of 12.5% from the median rent in June 2023. This suggests that the rental market is becoming more competitive, with more options available for renters.
The rental market for 2-bedroom apartments in University District, Ohio, is showing signs of growth. In July 2023, there were 8 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 $3,097, which is a 5.6% 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 University District, Ohio, is looking positive.