Rental market snapshot for Rhawnhurst, Philadelphia
Rhawnhurst rental market summary
The rental market in Rhawnhurst, Pennsylvania is showing signs of growth. In July of 2023, there were 37 new listings, a significant increase from the previous month. The median rent in July 2023 was $1,335, a 4.6% decrease from the previous month and a 6.3% decrease from the same time last year. This suggests that rental prices are becoming more affordable in the area, making it an attractive option for renters.
Overall, the rental market in Rhawnhurst, Pennsylvania is looking positive. With more listings and lower prices, it is becoming an increasingly attractive option for renters. With the current trend of decreasing prices, it is likely that the rental market in Rhawnhurst will continue to grow in the coming months.
Median rent for all residential properties in Rhawnhurst
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The most expensive listings and top trending buildings in Rhawnhurst
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 8415 Loretto Ave | $2,000 | 3 / 2.0 |
| 2401 Hoffnagle St | $1,820 | 2 / 1.0 |
| 1721 Teesdale St | $1,700 | 3 / 1.5 |
| 7400 Roosevelt Blvd | $1,700 | 2 / 2.0 |
| 7400 Roosevelt Blvd | $1,680 | 2 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Lindy Communities | $1,190 |
| Woodlake Properties | $995 |
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Bedroom Breakdown in Rhawnhurst
Rhawnhurst neighborhood apartments rents
The rental market for studios in Rhawnhurst, Pennsylvania appears to be stable, with three new listings in July 2022 and a median rent of $939. This suggests that the rental market is not experiencing any significant changes in the near future. However, without the median rent for June 2022, it is difficult to determine if there has been any significant change in rent from one month to the next.
The rental market for 1-bedroom apartments in Rhawnhurst, Pennsylvania is showing signs of growth. In July 2023, there were 3 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,120, which is 11.6% lower than the median rent in June 2023. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for 1-bedroom apartments in Rhawnhurst, Pennsylvania is looking positive.
The rental market for 2-bedroom apartments in Rhawnhurst, Pennsylvania is showing signs of growth. In July 2023, there were 5 new 2-bedroom listings, indicating an increase in demand for these types of apartments. The median rent for 2-bedroom apartments in July 2023 was $1,680, an 8.9% increase from the median rent in June 2023, which was $1,542. This suggests that the rental market for 2-bedroom apartments in Rhawnhurst is becoming more competitive, and renters should expect to pay more for these types of apartments.