Rental market snapshot for Fairmount, Philadelphia

Fairmount rental market summary

The rental market in Fairmount, Pennsylvania is showing signs of stability. In July 2023, there were 694 new listings, indicating that the market is still active. The median rent for the month of July 2023 was $2,095, which is only a 1.6% decrease from the previous month. This suggests that the market is not experiencing any significant changes in rental prices. Furthermore, when compared to the median rent from July 2022, the current median rent is only 0.5% lower, indicating that the rental market in Fairmount is relatively stable.

Overall, the rental market in Fairmount, Pennsylvania appears to be healthy and stable. The number of new listings is still high, and the median rent has only seen a slight decrease over the past year. This suggests that the rental market in Fairmount is not experiencing any drastic changes, and is likely to remain stable in the near future.

Median rent for all residential properties in Fairmount

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 Fairmount

Most Expensive Listings

AddressRent PriceBed / Bath
500 N 21st St$5,2022 / 2.0
300 Alexander Ct$5,1944 / 2.5
500 N 21st St$5,1332 / 2.0
2200 Benjamin Franklin Pkwy$5,1302 / 2.5
300 Alexander Ct$5,1044 / 2.5

Top Trending Buildings

building nameavg rent price
IPM$2,513
Zillow Rental Network$2,427
AIMCO$2,388
Orens Brothers Real Estate Inc$2,257
Greystar Real Estate Partners LLC$2,243

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 Fairmount

Studio
$1,536
MEDIAN RENT
1 Bedroom
$2,130
MEDIAN RENT
2 Bedroom
$2,774
MEDIAN RENT

Fairmount neighborhood apartments rents

The rental market for studios in Fairmount, Pennsylvania is showing signs of growth. In July 2023, there were 36 new studio listings, representing a 4.7% increase in rent from June 2023. The median rent for studios in July 2023 was $1,536, which is slightly lower than the median rent of $1,611 in June 2023. This suggests that the rental market is becoming more competitive, with more options available for renters.

The rental market for 1-bedroom apartments in Fairmount, Pennsylvania is showing signs of growth. In July 2023, 77 new 1-bedroom listings were added to the market, indicating an increase in demand. The median rent for 1-bedroom apartments in July 2023 was $2,130, a 7.9% decrease from the median rent in June 2023. This suggests that the market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for 1-bedroom apartments in Fairmount, Pennsylvania is looking positive.

The rental market for 2-bedroom apartments in Fairmount, Pennsylvania is showing signs of growth. In July 2023, there were 70 new 2-bedroom listings, a 9.3% increase in rent from June 2023 to July 2023, and a median rent of $2,774. This indicates that the rental market is becoming more competitive and that demand for 2-bedroom apartments is increasing.

Explore other Philadelphia Neighborhoods

Southwest Schuylkill
West Oak Lane
Tioga
Torresdale
Center City
Allegheny West

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 Fairmount is $2,095.
Made withDataherald