Rental market snapshot for Lower Lawrenceville, Pittsburgh
Lower Lawrenceville rental market summary
The rental market in Lower Lawrenceville, Pennsylvania is showing signs of growth. In July 2023, there were 59 new listings, a 3.8% increase from the previous month. This is a positive sign for the rental market in the area, as it indicates that more people are looking to rent in the area. The median rent in July 2023 was $1,850, a 9.1% increase from the same time last year. This is a significant increase, and shows that the rental market in Lower Lawrenceville is continuing to grow.
Overall, the rental market in Lower Lawrenceville is looking strong. With more listings and higher median rents, it is a great time to be a landlord in the area. With the continued growth of the rental market, landlords can expect to see their investments continue to increase in value.
Median rent for all residential properties in Lower Lawrenceville
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The most expensive listings and top trending buildings in Lower Lawrenceville
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 147 39th St | $2,627 | 2 / 1.0 |
| 147 39th St | $2,620 | 2 / 1.0 |
| 147 39th St | $2,499 | 2 / 2.0 |
| 3725 Butler St #406 | $2,300 | 1 / 1.0 |
| 317 37th St | $2,100 | 3 / 1.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Milhaus Management LLC | $1,916 |
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Bedroom Breakdown in Lower Lawrenceville
Lower Lawrenceville neighborhood apartments rents
The rental market for studios in Lower Lawrenceville, Pennsylvania is showing signs of growth. In July 2023, there were 5 new studio listings, representing an increase in the number of available rental units. The median rent for studios in July 2023 was $1,628, a 5.8% increase from the median rent in June 2023 of $1,539. This suggests that the rental market for studios in Lower Lawrenceville is becoming more competitive, with landlords able to increase their asking prices.
The rental market for 1-bedroom apartments in Lower Lawrenceville, Pennsylvania is showing signs of stability. In July 2023, there were 3 new 1-bedroom listings, and the median rent for 1-bedroom apartments decreased by 4.2% from June 2023 to July 2023, settling at $1,960. This suggests that the rental market is not experiencing any drastic changes, and that the prices of 1-bedroom apartments are staying relatively consistent.
The rental market for 2-bedroom apartments in Lower Lawrenceville, Pennsylvania is showing signs of stability. In July 2023, there were 3 new 2-bedroom listings, and the median rent for 2-bedroom apartments decreased by 2.7% from June 2023 to July 2023, from $2,692 to $2,620. This suggests that the rental market is not experiencing any significant changes in the short-term, and that the rental prices for 2-bedroom apartments in Lower Lawrenceville are likely to remain stable in the near future.