Rental market snapshot for Strip District, Pittsburgh

Strip District rental market summary

The rental market in Strip District, Pennsylvania has seen a slight increase in the median rent from June to July of 2023. The median rent in July 2023 was $2,198, which is a 0.6% increase from the median rent in June 2023 of $2,184. This is a much smaller increase than the 2.3% increase from July 2022 to July 2023, when the median rent rose from $2,250 to $2,198. This suggests that the rental market in Strip District is stabilizing.

In July 2023, there were 211 new listings in Strip District, Pennsylvania. This is a significant increase from the previous month, indicating that the rental market is growing. With more rental options available, tenants have more choice when it comes to finding a place to live. This could lead to increased competition among landlords, which could result in lower rents and better rental conditions for tenants.

Median rent for all residential properties in Strip District

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The most expensive listings and top trending buildings in Strip District

Most Expensive Listings

AddressRent PriceBed / Bath
2349 Railroad St$5,4503 / 2.0
2349 Railroad St$4,9203 / 3.0
2349 Railroad St$3,9852 / 2.0
2349 Railroad St$3,8902 / 2.0
2349 Railroad St$3,8702 / 2.0

Top Trending Buildings

building nameavg rent price
COASTAL RIDGE MANAGEMENT LLC$2,433
NRP Group$2,400
Midwood Investment & Development$2,134
HJ Properties$2,088
McKinney Properties Inc.$2,063

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Bedroom Breakdown in Strip District

Studio
$1,700
MEDIAN RENT
1 Bedroom
$2,090
MEDIAN RENT
2 Bedroom
$3,213
MEDIAN RENT

Strip District neighborhood apartments rents

The rental market for studios in Strip District, Pennsylvania is showing signs of growth. In July 2023, there were 16 new studio listings, representing a 1.5% increase in median rent from June 2023. The median rent for studios in July 2023 was $1,700, indicating that the rental market is on the rise. With more listings and higher rents, Strip District is becoming an increasingly attractive option for renters looking for a studio apartment.

The rental market for 1-bedroom apartments in Strip District, Pennsylvania, saw a slight decrease in rent from June to July 2023. In July 2023, there were 59 new 1-bedroom listings, with a median rent of $2,090. This was a decrease of .1% from the median rent of $2,092 in June 2023. Despite the slight decrease in rent, the rental market for 1-bedroom apartments in Strip District remains strong, with a steady influx of new listings.

The rental market for 2-bedroom apartments in Strip District, Pennsylvania is showing signs of growth. In July 2023, there were 30 new 2-bedroom listings, a 6.1% increase in median rent from June 2023 to July 2023, and a median rent of $3,213. This indicates that the rental market is becoming more competitive and that demand for 2-bedroom apartments is increasing.

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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 Strip District is $2,198.
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