Rental market snapshot for Mill Park, Portland

Mill Park rental market summary

The rental market in Mill Park, Oregon is showing signs of growth. In July 2023, there were 12 new listings, indicating an increase in the number of available rental properties in the area. The median rent for the month of July 2023 was $1,495, which is 8.0% lower than the median rent in June 2023, but 31.9% higher than the median rent in July 2022. This suggests that the rental market in Mill Park is becoming more competitive, with rents increasing steadily over the past year.

Overall, the rental market in Mill Park appears to be on the rise. With more listings and increasing rents, it is becoming an attractive option for renters looking for a new home. The lower median rent in July 2023 compared to June 2023 could indicate that more renters are taking advantage of the available properties, leading to a decrease in prices. As the rental market continues to grow, it is likely that the median rent will continue to increase in the coming months.

Median rent for all residential properties in Mill Park

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The most expensive listings and top trending buildings in Mill Park

Most Expensive Listings

AddressRent PriceBed / Bath
2322 SE 121st Ave$1,5002 / 1.0
1010 SE 122nd Ave$1,4952 / 1.0
2135 SE 122nd Ave$1,3502 / 1.0
12636 SE Alder St$1,1501 / 1.0

Top Trending Buildings

building nameavg rent price
JMW Properties$1,150

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Bedroom Breakdown in Mill Park

1 Bedroom
$1,150
MEDIAN RENT
2 Bedroom
$1,350
MEDIAN RENT

Mill Park neighborhood apartments rents

Uh-oh! Looks like we don't have any data in Mill Park, Oregon, for studios.

The rental market for 1-bedroom apartments in Mill Park, Oregon, is relatively stable. In July 2023, there was only one new listing, and the median rent remained the same as it was in May 2023, at $1,150. This indicates that the rental market is not experiencing any significant changes in terms of pricing or availability.

The rental market for 2-bedroom apartments in Mill Park, Oregon is relatively stable, with only one new listing in June 2023. The median rent for 2-bedroom apartments in April 2023 was $1,545, but decreased by 12.6% to $1,350 in June 2023. This suggests that the rental market is not experiencing any significant changes in the short-term, and that the prices of 2-bedroom apartments in Mill Park are likely to remain steady 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 Mill Park is $1,495.
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