Rental market snapshot for Wynnefield, Philadelphia

Wynnefield rental market summary

The rental market in Wynnefield, Pennsylvania is showing signs of stability. In July 2023, there were 299 new listings, indicating a healthy level of activity in the market. The median rent in July 2023 was $1,600, a slight decrease of 3.0% from the previous month. However, when compared to the same month in the previous year, the median rent had only decreased by 1.8%, indicating that the market is not experiencing any drastic changes.

Overall, the rental market in Wynnefield, Pennsylvania appears to be relatively stable. The number of new listings is healthy and the median rent has only experienced a slight decrease over the past year. This suggests that the market is not experiencing any major fluctuations and is likely to remain stable in the near future.

Median rent for all residential properties in Wynnefield

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The most expensive listings and top trending buildings in Wynnefield

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Bedroom Breakdown in Wynnefield

Studio
$1,248
MEDIAN RENT
1 Bedroom
$1,744
MEDIAN RENT
2 Bedroom
$2,190
MEDIAN RENT

Wynnefield neighborhood apartments rents

The rental market for studios in Wynnefield, Pennsylvania is showing signs of improvement in July 2023. There were 14 new studio listings in July, which is a positive sign for the rental market. The median rent for studios in July 2023 was $1,248, which is a decrease of 12.7% from the median rent in June 2023 of $1,429. This suggests that the rental market is becoming more affordable for renters in Wynnefield.

The rental market for 1-bedroom apartments in Wynnefield, Pennsylvania is showing signs of growth. In July 2023, there were 34 new 1-bedroom listings, a sign that the market is expanding. The median rent for 1-bedroom apartments in July 2023 was $1,744, a 1.4% increase from the median rent in June 2023. This suggests that demand for 1-bedroom apartments is increasing, and that the rental market is becoming more competitive.

The rental market for 2-bedroom apartments in Wynnefield, Pennsylvania is showing signs of growth. In July 2023, there were 25 new 2-bedroom listings, a 10.8% increase in median rent from June 2023 to July 2023, and a median rent of $2,190. This indicates that the rental market for 2-bedroom apartments in Wynnefield is becoming increasingly competitive, with more people looking to rent and landlords raising their prices.

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 Wynnefield is $1,600.
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