Rental market snapshot for West Oak Lane, Philadelphia

West Oak Lane rental market summary

The rental market in West Oak Lane, Pennsylvania is showing signs of stability. In July 2023, there were 50 new listings, indicating that the market is still active. The median rent for the month of July 2023 was $1,150, which is the same as the median rent in June 2023. This suggests that the rental market in West Oak Lane is not experiencing any significant changes in rent prices.

When comparing the median rent in July 2023 to the median rent in July 2022, there was a slight increase of 2.1%. This indicates that the rental market in West Oak Lane is slowly increasing in value, but not at a rapid rate. Overall, the rental market in West Oak Lane is stable and is not experiencing any drastic changes in rent prices.

Median rent for all residential properties in West Oak Lane

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The most expensive listings and top trending buildings in West Oak Lane

Most Expensive Listings

AddressRent PriceBed / Bath
1532 68th Ave$2,4004 / 3.0
6728 Old York Rd$1,8502 / 1.0
6728 Old York Rd$1,7502 / 1.0
7311 Ogontz Ave$1,6003 / 1.0
6901 Old York Rd$1,5852 / 2.0

Top Trending Buildings

building nameavg rent price
SBG management$1,000

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Bedroom Breakdown in West Oak Lane

Studio
$925
MEDIAN RENT
1 Bedroom
$1,000
MEDIAN RENT
2 Bedroom
$1,248
MEDIAN RENT

West Oak Lane neighborhood apartments rents

The rental market for studios in West Oak Lane, Pennsylvania, is showing signs of stability. In July 2023, there were 3 new studio listings, and the median rent for studios remained relatively unchanged from June 2023, decreasing by only 2.7%. This suggests that the rental market for studios in West Oak Lane is stable and that prices are not likely to fluctuate significantly in the near future.

The rental market for 1-bedroom apartments in West Oak Lane, Pennsylvania is relatively stable. In July 2023, there were two new 1-bedroom listings, and the median rent was $1,000. This is a slight decrease of 8.3% from the median rent of $1,090 in June 2023. Overall, the rental market for 1-bedroom apartments in West Oak Lane appears to be relatively steady.

The rental market for 2-bedroom apartments in West Oak Lane, Pennsylvania, is relatively stable. In July 2023, there were 4 new 2-bedroom listings, and the median rent for 2-bedroom apartments was $1,248, only a .2% decrease from the median rent in June 2023. This indicates that the rental market for 2-bedroom apartments in West Oak Lane is relatively steady and that there is a good supply of rental units available.

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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 West Oak Lane is $1,150.
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