Rental market snapshot for Morningside, Pittsburgh

Morningside rental market summary

The rental market in Morningside, Pennsylvania is showing signs of stability. In July 2023, there were 76 new listings, indicating that the market is still active. The median rent in July 2023 was $1,640, which is the same as the median rent in June 2023. This suggests that the rental market is not experiencing any significant changes in terms of pricing. Furthermore, when compared to the median rent in July 2022, the current median rent is 9.3% higher, indicating that the rental market is slowly increasing in value.

Overall, the rental market in Morningside, Pennsylvania appears to be stable and slowly increasing in value. With 76 new listings in July 2023, the market is still active and the median rent is slowly increasing. This suggests that the rental market in Morningside is a good option for those looking for a place to rent.

Median rent for all residential properties in Morningside

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The most expensive listings and top trending buildings in Morningside

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Bedroom Breakdown in Morningside

Studio
$750
MEDIAN RENT
1 Bedroom
$1,050
MEDIAN RENT
2 Bedroom
$1,295
MEDIAN RENT

Morningside neighborhood apartments rents

The rental market for studios in Morningside, Pennsylvania appears to be relatively stable, with only one new studio listing in June 2023 and a median rent of $750. Unfortunately, no data is available for May 2023, so it is not possible to determine the percent change in rent from May to June. Overall, the rental market for studios in Morningside appears to be relatively steady.

The rental market for 1-bedroom apartments in Morningside, Pennsylvania is showing signs of growth. In May 2023, there was only one new 1-bedroom listing, but the median rent for 1-bedroom apartments increased by 8.0% from April 2023 to May 2023, from $972 to $1,050. 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 Morningside, Pennsylvania is showing signs of improvement. In July 2023, there was only one new listing, but the median rent decreased by 25.8% from June 2023 to July 2023, from $1,745 to $1,295. This suggests that the market is becoming more competitive and that renters may be able to find better deals in the near future.

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 Morningside is $1,640.
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