Rental market snapshot for Mayfair, Philadelphia

Mayfair rental market summary

The rental market in Mayfair, Pennsylvania is showing signs of stability. In July 2023, there were 22 new listings, indicating that the market is still active. The median rent for the month of July 2023 was $1,500, the same as the median rent for June 2023. This suggests that the rental market in Mayfair is not experiencing any significant changes in terms of pricing. Furthermore, the median rent for July 2023 was 3.4% higher than the median rent for July 2022, indicating that the rental market is slowly increasing in value.

Overall, the rental market in Mayfair, Pennsylvania is showing signs of stability and gradual growth. With the number of new listings remaining steady and the median rent increasing, it is likely that the rental market in Mayfair will continue to remain strong in the coming months.

Median rent for all residential properties in Mayfair

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The most expensive listings and top trending buildings in Mayfair

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Bedroom Breakdown in Mayfair

Studio
$700
MEDIAN RENT
1 Bedroom
$950
MEDIAN RENT
2 Bedroom
$1,325
MEDIAN RENT

Mayfair neighborhood apartments rents

The rental market for studios in Mayfair, Pennsylvania appears to be stable, with only one new listing in April 2022. The median rent for studios in April 2022 was $700, indicating that the rental market is not experiencing any significant changes. Unfortunately, no data is available for the median rent in March 2022, so it is not possible to determine the percent change in rent from March 2022 to April 2022. Overall, the rental market for studios in Mayfair appears to be relatively stable.

The rental market for 1-bedroom apartments in Mayfair, Pennsylvania, remains relatively stable in May 2023, with only one new listing and no change in median rent from March to May. The median rent for a 1-bedroom apartment in May 2023 is $950, which is the same as it was in March. This indicates that the rental market in Mayfair is relatively stable and that there is no significant change in the cost of renting a 1-bedroom apartment.

The rental market for 2-bedroom apartments in Mayfair, Pennsylvania is relatively stable. In June 2023, there was only one new 2-bedroom listing, indicating that the market is not experiencing a large influx of new rental properties. Additionally, the median rent for 2-bedroom apartments in Mayfair remained the same from April to June 2023, at $1,325, indicating that there was no significant change in rent prices over the two-month period. Overall, the rental market for 2-bedroom apartments in Mayfair appears to be relatively stable.

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 Mayfair is $1,500.
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