Rental market snapshot for Highland Park, Pittsburgh
Highland Park rental market summary
The rental market in Highland Park, Pennsylvania is showing signs of growth. In July 2023, there were 111 new listings, a significant increase from the previous month. The median rent for the month of July 2023 was $1,650, a 15.4% increase from June 2023 and a 4.8% increase from July 2022. This indicates that the rental market in Highland Park is becoming increasingly competitive, with more people looking to rent in the area.
The increasing demand for rental properties in Highland Park is likely due to the area's close proximity to major cities and its many amenities. With its excellent schools, parks, and recreational activities, Highland Park is an attractive option for those looking for a place to call home. The increasing rent prices are a reflection of the growing demand for rental properties in the area, and it is likely that the rental market in Highland Park will continue to grow in the coming months.
Median rent for all residential properties in Highland Park
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The most expensive listings and top trending buildings in Highland Park
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 5700 Bunkerhill St | $3,480 | 3 / 2.0 |
| 5700 Bunkerhill St | $2,890 | 3 / 2.0 |
| 5700 Bunkerhill St | $2,755 | 3 / 2.0 |
| 5700 Bunkerhill St | $2,515 | 3 / 2.0 |
| 5700 Bunkerhill St | $2,385 | 3 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Lobos Management | $1,136 |
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Bedroom Breakdown in Highland Park
Highland Park neighborhood apartments rents
The rental market for studios in Highland Park, Pennsylvania, is showing a slight decrease in rent from June to July 2023. There were two new studio listings in July 2023, and the median rent for studios decreased by 1.3% from $899 in June 2023 to $887 in July 2023. This indicates that the rental market for studios in Highland Park is stable, with a slight decrease in rent.
The rental market for 1-bedroom apartments in Highland Park, Pennsylvania is showing signs of stability. In July 2023, there were 5 new 1-bedroom listings, and the median rent for 1-bedroom apartments decreased by 5.2% from June 2023 to July 2023, settling at $1,050. This suggests that the rental market is not experiencing any major fluctuations, and that the prices of 1-bedroom apartments are staying relatively consistent.
The rental market for 2-bedroom apartments in Highland Park, Pennsylvania is relatively stable. In July 2023, there was only one new listing, and the median rent for 2-bedroom apartments decreased by 6.3% from June 2023 to July 2023, from $1,599 to $1,499. This suggests that the rental market is not experiencing any significant changes in the near future.