Rental market snapshot for Belmont, Dayton

Belmont rental market summary

The rental market in Belmont, Ohio is showing signs of growth. In July 2023, there were 35 new listings, a significant increase from the previous month. The median rent for the month of July 2023 was $1,160, a 7.9% increase from the previous month and a 10.5% increase from the same time last year. This indicates that the rental market in Belmont is becoming increasingly competitive, with more people looking for rental properties and landlords raising their prices.

The increasing demand for rental properties in Belmont is likely due to the city's growing population and its proximity to larger cities such as Cleveland and Pittsburgh. With more people looking for rental properties, landlords have been able to increase their prices, resulting in the rise in median rent. This trend is likely to continue in the coming months, as more people move to Belmont in search of affordable housing.

Median rent for all residential properties in Belmont

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The most expensive listings and top trending buildings in Belmont

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Bedroom Breakdown in Belmont

Studio
$725
MEDIAN RENT
1 Bedroom
$725
MEDIAN RENT
2 Bedroom
$925
MEDIAN RENT

Belmont neighborhood apartments rents

The rental market for studios in Belmont, Ohio appears to be relatively stable, with only one new studio listing in May 2023. The median rent for studios in May 2023 was $725, though the median rent for April 2023 is not available, so it is not possible to determine the percent change in rent from April to May. Overall, the rental market for studios in Belmont appears to be relatively stable.

The rental market for 1-bedroom apartments in Belmont, Ohio appears to be stable, with two new listings in February 2023 and a median rent of $725. Unfortunately, no data is available for January 2023, so it is not possible to determine the percent change in rent from that month. Overall, the rental market for 1-bedroom apartments in Belmont appears to be steady.

The rental market for 2-bedroom apartments in Belmont, Ohio is relatively stable. In July 2023, there were only two new listings, and the median rent for 2-bedroom apartments was $925, a slight decrease of 2.1% from the median rent in June 2023 of $945. This indicates that the rental market is not experiencing any significant changes in the near future.

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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 Belmont is $1,160.
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