Rental market snapshot for North Oakland, Pittsburgh
North Oakland rental market summary
The rental market in North Oakland, Pennsylvania is showing signs of growth. In July 2023, there were 68 new listings, a significant increase from the previous month. The median rent for the same period was $1,649, which is a slight increase of .6% from the previous month. However, the median rent has seen a dramatic increase of 60.1% from July 2022. This indicates that the rental market in North Oakland is becoming increasingly competitive, with more people looking to rent in the area.
Overall, the rental market in North Oakland is on the rise. With more listings and an increase in median rent, it is becoming a more attractive option for renters. With the current trend of growth, it is likely that the rental market in North Oakland will continue to expand in the coming months.
Median rent for all residential properties in North Oakland
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The most expensive listings and top trending buildings in North Oakland
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
342 Melwood Ave | $4,200 | 6 / 3.0 |
4406 Bayard St | $3,995 | 4 / 2.0 |
361 Melwood Ave | $3,150 | 6 / 2.0 |
4632 Centre Ave | $2,800 | 3 / 1.0 |
286 N Bellefield Ave | $2,700 | 4 / 1.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Lobos Management | $1,132 |
Union Real Estate | $1,065 |
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Bedroom Breakdown in North Oakland
North Oakland neighborhood apartments rents
The rental market for studios in North Oakland, Pennsylvania appears to be relatively stable, with only three new listings in July 2023 and a median rent of $945. This suggests that the market is not experiencing any significant changes in terms of supply or demand. Unfortunately, no data is available for June 2023, so it is not possible to determine the percent change in rent from that month to July 2023. Overall, the rental market for studios in North Oakland appears to be relatively stable.
The rental market for 1-bedroom apartments in North Oakland, Pennsylvania is showing signs of growth. In July 2023, there were 3 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,065, which is 11.1% lower than 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 North Oakland, Pennsylvania is looking positive.
The rental market for 2-bedroom apartments in North Oakland, Pennsylvania is showing signs of stability. In July 2023, there were 5 new 2-bedroom listings, and the median rent for 2-bedroom apartments decreased by 5.3% from June 2023 to July 2023, from $1,747 to $1,655. This suggests that the rental market is not experiencing any drastic changes, and that the prices of 2-bedroom apartments are staying relatively consistent.