Rental market snapshot for Troy Hill, Pittsburgh
Troy Hill rental market summary
The rental market in Troy Hill, Pennsylvania is showing signs of growth. In July 2023, there were 59 new listings, a significant increase from the previous month. The median rent for the month of July 2023 was $1,419, a 1.4% increase from the previous month. This is a 13.9% increase from the median rent in July 2022, indicating that the rental market in Troy Hill is on the rise.
The increasing number of listings and rising median rent prices suggest that the rental market in Troy Hill is becoming more competitive. With more options available to renters, they are able to find the perfect home for their needs. This is great news for landlords, as they can expect to see higher rental rates and more demand for their properties. With the rental market in Troy Hill continuing to grow, it is an ideal time for landlords to invest in the area.
Median rent for all residential properties in Troy Hill
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The most expensive listings and top trending buildings in Troy Hill
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 950 Progress St | $2,279 | 2 / 2.0 |
| 1350 Goettman St | $2,100 | 3 / 1.0 |
| 950 Progress St | $2,039 | 2 / 2.0 |
| 950 Progress St | $1,849 | 2 / 1.5 |
| 950 Progress St | $1,739 | 1 / 1.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| McCaffery Interests | $1,556 |
| North Pittsburgh Realty Tim Fitzgerald https://listings.listhub.net/pages/WPMLPA/1612885/?channel=rent | $875 |
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Bedroom Breakdown in Troy Hill
Troy Hill neighborhood apartments rents
The rental market for studios in Troy Hill, Pennsylvania appears to be relatively stable, with only one new listing in June 2023 and a median rent of $790. This suggests that the market is not experiencing any significant changes in terms of supply or demand. However, without data for May 2023, it is impossible to determine whether there has been any change in rent from month to month.
The rental market for 1-bedroom apartments in Troy Hill, Pennsylvania is showing signs of growth. In July 2023, there were 21 new 1-bedroom listings, a 8.3% increase in median rent from June 2023 to July 2023, and a median rent of $1,559. This indicates that the rental market is becoming more competitive and that demand for 1-bedroom apartments is increasing.
The rental market for 2-bedroom apartments in Troy Hill, Pennsylvania is showing signs of growth. In July 2023, there were 4 new 2-bedroom listings, a 23.9% increase in median rent from June 2023 to July 2023, and a median rent of $1,944. This indicates that the rental market for 2-bedroom apartments in Troy Hill is becoming increasingly competitive, with more people looking to rent and landlords raising their prices.