Rental market snapshot for Point Breeze, Pittsburgh
Point Breeze rental market summary
The rental market in Point Breeze, Pennsylvania, is showing signs of growth. In July 2023, there were 43 new listings, indicating an increase in the number of rental properties available. The median rent for the month of July 2023 was $1,790, which is the same as the median rent for June 2023. This suggests that the rental market in Point Breeze is stable and not experiencing any significant changes in pricing.
When comparing the median rent for July 2023 to the median rent for July 2022, there has been a 37.7% increase in rent. This is a significant increase and indicates that the rental market in Point Breeze is becoming more expensive. This could be due to an increase in demand for rental properties or a decrease in the number of available properties. Regardless, it is clear that the rental market in Point Breeze is becoming more expensive and that renters should be prepared to pay more for their rental properties.
Median rent for all residential properties in Point Breeze
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The most expensive listings and top trending buildings in Point Breeze
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 633 Gettysburg St unit N/A | $2,400 | 3 / 3.0 |
| 7102 Penn Ave | $2,395 | 3 / 2.5 |
| 575 South Braddock Avenue | $1,990 | 4 / 2.0 |
| 6739 Reynolds St | $1,895 | 2 / 2.0 |
| 577 South Braddock Avenue | $1,790 | 3 / 1.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Forbes Management | $1,099 |
| Mozart Management | $1,015 |
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Bedroom Breakdown in Point Breeze
Point Breeze neighborhood apartments rents
The rental market for studios in Point Breeze, Pennsylvania, is relatively stable. In July 2023, there were two new studio listings, and the median rent for studios was $782, a decrease of .9% from the median rent in June 2023. This suggests that the rental market for studios in Point Breeze is not experiencing significant fluctuations in prices, and that the market is relatively stable.
The rental market for 1-bedroom apartments in Point Breeze, Pennsylvania is showing signs of stability. In July 2023, there were two new 1-bedroom listings, indicating that the market is not saturated. The median rent for 1-bedroom apartments in July 2023 was $1,057, a 3.8% decrease from the median rent in June 2023. This suggests that the rental market is not experiencing significant inflation, and that prices are staying relatively stable.
The rental market for 2-bedroom apartments in Point Breeze, Pennsylvania, is relatively stable. In May 2023, there was only one new listing, indicating that the market is not experiencing a large influx of new properties. The median rent for 2-bedroom apartments in May 2023 was $1,199, which is a 22.1% decrease from the median rent in April 2023 of $1,539. This suggests that the rental market is not experiencing significant inflation, and that prices are relatively stable.