Rental market snapshot for Belmont, Philadelphia
Belmont rental market summary
The rental market in Belmont, Pennsylvania is showing signs of stability. In July of 2023, there were 1,073 new listings, indicating that the market is still active. The median rent for the month was $1,550, which is the same as it was in July of 2022. This suggests that the market is not experiencing any significant changes in terms of rent prices. Additionally, the median rent only experienced a 0.6% change from June to July of 2023, indicating that the market is relatively stable.
Overall, the rental market in Belmont, Pennsylvania appears to be healthy and stable. The number of new listings is still high, and the median rent has not experienced any significant changes in the past year. This suggests that the market is not experiencing any major shifts in terms of rent prices, and that it is likely to remain stable in the near future.
Median rent for all residential properties in Belmont
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The most expensive listings and top trending buildings in Belmont
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 333 N 34th St | $5,300 | 6 / 3.0 |
| 410 N 38th St | $4,000 | 6 / 2.5 |
| 512 N 32nd St | $4,000 | 4 / 1.5 |
| 521 N 41st St | $3,666 | 3 / 2.0 |
| 3806 Spring Garden St | $3,500 | 7 / 3.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| The HOW Group Property Management | $1,595 |
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Bedroom Breakdown in Belmont
Belmont neighborhood apartments rents
The rental market for studios in Belmont, Pennsylvania is showing signs of growth. In June 2023, there were two new studio listings, representing an increase in the number of available rental units. The median rent for studios in June 2023 was $1,390, a 41.8% increase from the median rent in May 2023 of $980. This suggests that the rental market for studios in Belmont is becoming more competitive, with landlords able to charge higher rents for their units.
The rental market for 1-bedroom apartments in Belmont, Pennsylvania is showing signs of growth. In July 2023, there were two new 1-bedroom listings, indicating an increase in demand. The median rent for 1-bedroom apartments in July 2023 was $1,578, a 5.2% increase from the median rent in June 2023, which was $1,499. This suggests that the rental market for 1-bedroom apartments in Belmont is becoming more competitive, and renters should expect to pay more for their apartments in the coming months.
The rental market for 2-bedroom apartments in Belmont, Pennsylvania is showing signs of growth. In July 2023, there were 21 new 2-bedroom listings, which is a significant increase from the previous month. The median rent for 2-bedroom apartments in July 2023 was $1,600, which is a 11.1% decrease from the median rent in June 2023. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants.