Rental market snapshot for West University, Eugene

West University rental market summary

The rental market in West University, Oregon has seen a slight decrease in median rent from June to July of 2023, with a 2.0% drop from $1,275 to $1,250. However, when compared to the same time period in 2022, the median rent has increased by 10.7%, from $1,400 to $1,250. This suggests that the rental market in West University is becoming more competitive, with a large number of new listings in July of 2023 (28).

Renters in West University should be aware of the competitive rental market and take advantage of the current low median rent. With the number of new listings increasing, renters should be prepared to act quickly and make sure to compare prices and amenities to get the best deal. Additionally, renters should be aware that the median rent could increase in the future, so they should consider locking in a longer lease to ensure they are not affected by any potential rent increases.

Median rent for all residential properties in West University

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The most expensive listings and top trending buildings in West University

Most Expensive Listings

AddressRent PriceBed / Bath
736 E 16th Ave$3,9955 / 2.5
385 E 19th Ave$3,6006 / 2.0
561 E 13th Ave$1,6752 / 1.0
1408 Ferry St$1,4751 / 1.0
1880 Mill St$1,4002 / 1.0

Top Trending Buildings

building nameavg rent price
Clear & Concise Property Management LLC$925

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Bedroom Breakdown in West University

Studio
$1,050
MEDIAN RENT
1 Bedroom
$925
MEDIAN RENT
2 Bedroom
$1,348
MEDIAN RENT

West University neighborhood apartments rents

The rental market for studios in West University, Oregon is showing signs of stability. In April 2023, there was only one new studio listing, indicating that the market is not experiencing a surge in demand. The median rent for studios in April 2023 was $1,050, a 4.1% decrease from the median rent in March 2023 of $1,095. This suggests that the rental market is not experiencing significant inflation, and that prices are staying relatively stable.

The rental market for 1-bedroom apartments in West University, Oregon 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 33.1% from May 2023 to June 2023, from $695 to $925. 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 West University, Oregon, is relatively stable. In May 2023, there were 4 new 2-bedroom listings, and the median rent for 2-bedroom apartments was $1,348, only a .2% decrease from the median rent in April 2023. This indicates that the rental market for 2-bedroom apartments in West University is not experiencing any significant changes in pricing or availability.

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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 West University is $1,250.
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