Rental market snapshot for Friendship, Pittsburgh
Friendship rental market summary
The rental market in Friendship, Pennsylvania is showing signs of growth. In July 2023, there were 67 new listings, a significant increase from the previous month. The median rent in July 2023 was $1,799, a 9.6% increase from June 2023 and a 38.9% increase from July 2022. This indicates that the rental market in Friendship is becoming increasingly competitive, with more people looking for rental properties and landlords raising their prices.
Overall, the rental market in Friendship is on the rise. With more listings and higher prices, it is becoming a more attractive option for potential renters. With the increasing demand, landlords are likely to continue to raise their prices in the coming months. This could make it more difficult for renters to find affordable housing in the area, but it could also be a great opportunity for investors looking to capitalize on the growing rental market.
Median rent for all residential properties in Friendship
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The most expensive listings and top trending buildings in Friendship
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
150 Stratford Ave | $4,045 | 4 / 2.5 |
307 South Graham Street | $2,190 | 4 / 1.0 |
5535 Centre Ave | $2,099 | 3 / 2.0 |
322 Roup Ave | $2,000 | 2 / 3.0 |
307 South Graham Street | $1,990 | 3 / 2.0 |
Top Trending Buildings
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Bedroom Breakdown in Friendship
Friendship neighborhood apartments rents
The rental market for studios in Friendship, Pennsylvania is showing signs of growth. In May 2023, there were two new studio listings, and the median rent increased by 11.9% from April 2023 to May 2023, from $838 to $937. This suggests that the demand for studio apartments in Friendship is increasing, and that the rental market is becoming more competitive.
The rental market for 1-bedroom apartments in Friendship, Pennsylvania appears to be stable, with only one new listing in July 2023 and a median rent of $1,050. Unfortunately, no data is available for June 2023, so it is impossible to determine the percent change in rent from that month. Overall, the rental market for 1-bedroom apartments in Friendship appears to be steady.
The rental market for 2-bedroom apartments in Friendship, Pennsylvania is showing signs of growth. In July 2023, there were 3 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 $1,295, which is a 9.9% 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.