Rental market snapshot for Central Lawrenceville, Pittsburgh

Central Lawrenceville rental market summary

The rental market in Central Lawrenceville, Pennsylvania is showing signs of growth. In July 2023, there were 80 new listings, a significant increase from the previous month. The median rent for the area also increased from $2,150 in June 2023 to $1,995 in July 2023, representing a 7.2% increase. This is a further indication of the growing rental market in the area.

When compared to July 2022, the median rent in Central Lawrenceville has increased by 8.4%. This suggests that the rental market in the area is continuing to grow, with more people looking to rent in the area. With the increasing demand for rental properties, it is likely that the rental market in Central Lawrenceville will continue to grow in the coming months.

Median rent for all residential properties in Central Lawrenceville

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The most expensive listings and top trending buildings in Central Lawrenceville

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Bedroom Breakdown in Central Lawrenceville

Studio
$1,395
MEDIAN RENT
1 Bedroom
$1,722
MEDIAN RENT
2 Bedroom
$2,325
MEDIAN RENT

Central Lawrenceville neighborhood apartments rents

The rental market for studios in Central Lawrenceville, Pennsylvania, is showing signs of stability. In July 2023, there were three new studio listings, and the median rent for studios remained relatively unchanged from June 2023 to July 2023, decreasing by only 3.8%. This suggests that the rental market for studios in Central Lawrenceville is stable and that renters can expect to find affordable housing options in the area.

The rental market for 1-bedroom apartments in Central Lawrenceville, Pennsylvania is showing signs of growth. In July 2023, there were 8 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,722, a 6.9% decrease from 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 Central Lawrenceville is looking positive.

The rental market for 2-bedroom apartments in Central Lawrenceville, Pennsylvania, remains steady in July 2023 with 6 new listings and no change in median rent from June 2023. The median rent for 2-bedroom apartments in July 2023 is $2,325, which is the same as the median rent in June 2023. This indicates that the rental market in Central Lawrenceville is stable and that there is no significant change in rental 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 Central Lawrenceville is $1,995.
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