Rental market snapshot for Allegheny West, Philadelphia

Allegheny West rental market summary

The rental market in Allegheny West, Pennsylvania is showing signs of growth. In July 2023, there were 103 new listings, a significant increase from the previous month. The median rent for the month of July 2023 was $1,250, a 28.2% increase from the previous month and a 14.2% increase from the same time last year. This indicates that the rental market in Allegheny West is becoming increasingly competitive, with more people looking to rent in the area.

The increasing demand for rental properties in Allegheny West is likely due to the area's close proximity to major cities and its attractive amenities. With its convenient location and attractive features, Allegheny West is becoming an increasingly desirable place to live. As a result, the rental market is becoming increasingly competitive, with more people looking to rent in the area.

Median rent for all residential properties in Allegheny West

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

The most expensive listings and top trending buildings in Allegheny West

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

Bedroom Breakdown in Allegheny West

Studio
$1,035
MEDIAN RENT
1 Bedroom
$1,525
MEDIAN RENT
2 Bedroom
$1,890
MEDIAN RENT

Allegheny West neighborhood apartments rents

The rental market for studios in Allegheny West, Pennsylvania is showing signs of growth. In July 2023, there were 4 new studio listings, representing an increase in the number of available rental units. The median rent for studios in July 2023 was $1,035, a 37.1% increase from the median rent in June 2023 of $755. This suggests that the demand for studio rentals is increasing, and that the rental market is becoming more competitive.

The rental market for 1-bedroom apartments in Allegheny West, Pennsylvania, is relatively stable. In July 2023, there were 5 new 1-bedroom listings, and the median rent remained the same as it was in June 2023 at $1,525. 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 Allegheny West, Pennsylvania appears to be relatively stable, with only one new listing in July 2023 and a median rent of $1,890. Unfortunately, no data is available for June 2023, so it is not possible to determine the percent change in rent from June to July. Overall, the rental market for 2-bedroom apartments in Allegheny West appears to be relatively stable.

Explore other Philadelphia Neighborhoods

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 Allegheny West is $1,250.
Made withDataherald