Rental market snapshot for Southwest Hills, Portland

Southwest Hills rental market summary

The rental market in Southwest Hills, Oregon is showing signs of growth. In July 2023, there were 16 new listings, indicating an increase in rental activity. The median rent in July 2023 was $1,800, a 5.2% increase from June 2023 and a 33.3% increase from July 2022. This suggests that rental prices are on the rise in Southwest Hills, and that the rental market is becoming more competitive.

Overall, the rental market in Southwest Hills is looking positive. With an increase in new listings and rising rental prices, it appears that the rental market is becoming more active and attractive to potential renters. With the current trend of increasing rental prices, it is likely that the rental market in Southwest Hills will continue to grow in the coming months.

Median rent for all residential properties in Southwest Hills

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The most expensive listings and top trending buildings in Southwest Hills

Most Expensive Listings

AddressRent PriceBed / Bath
2443 SW Montgomery Dr$3,4953 / 2.0
1507 SW Hall St$2,2952 / 2.0
2442 SW Sheffield Ave$1,8000 / 1.0
2073 SW Park Ave$1,3001 / 1.0

Top Trending Buildings

building nameavg rent price
UrbanDevelopmentPartners$1,300

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Bedroom Breakdown in Southwest Hills

Studio
$1,310
MEDIAN RENT
1 Bedroom
$1,300
MEDIAN RENT
2 Bedroom
$1,899
MEDIAN RENT

Southwest Hills neighborhood apartments rents

The rental market for studios in Southwest Hills, Oregon appears to be relatively stable, with only one new studio listing in June 2023 and a median rent of $1,310. Unfortunately, no data is available for May 2023, so it is not possible to determine the percent change in rent from that month. Overall, it appears that the rental market for studios in Southwest Hills is relatively stable and consistent.

The rental market for 1-bedroom apartments in Southwest Hills, Oregon appears to be stable, with only two new listings in July 2023 and a median rent of $1,300. Unfortunately, no data is available for June 2023, so it is impossible to determine the percent change in rent from that month. Overall, the rental market for 1-bedroom apartments in Southwest Hills appears to be steady.

The rental market for 2-bedroom apartments in Southwest Hills, Oregon is relatively stable. In June 2023, there was only one new 2-bedroom listing, and the median rent for 2-bedroom apartments was $1,899, a 3.8% decrease from the median rent in May 2023. This suggests that the rental market is not experiencing any significant changes in the short-term.

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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 Southwest Hills is $1,800.
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