Rental market snapshot for College Hill, Providence

College Hill rental market summary

The rental market in College Hill, Rhode Island is showing signs of growth. In July 2023, there were 40 new listings, indicating an increase in rental activity. The median rent for the month of July 2023 was $2,600, a 3.7% decrease from the previous month. However, when compared to the same month in the previous year, the median rent had increased by 23.5%. This suggests that the rental market in College Hill is becoming more competitive, with more people looking to rent in the area.

Overall, the rental market in College Hill is showing signs of growth. With more listings and an increase in median rent, it is becoming an attractive option for those looking for a place to live. With the increasing demand for rental properties, it is likely that the rental market in College Hill will continue to grow in the coming months.

Median rent for all residential properties in College Hill

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

The most expensive listings and top trending buildings in College Hill

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

Bedroom Breakdown in College Hill

Studio
$1,238
MEDIAN RENT
1 Bedroom
$1,500
MEDIAN RENT
2 Bedroom
$2,875
MEDIAN RENT

College Hill neighborhood apartments rents

The rental market for studios in College Hill, Rhode Island, is showing signs of growth. In July 2023, there were two new studio listings, and the median rent for studios decreased by 11.6% from June 2023 to July 2023, from $1,400 to $1,238. This suggests that the rental market for studios in College Hill is becoming more competitive, with more options available for renters and lower prices.

The rental market for 1-bedroom apartments in College Hill, Rhode Island appears to be stable, with only one new listing in July 2023. The median rent for 1-bedroom apartments in July 2023 was $1,500, indicating that the rental market is not experiencing any significant changes in pricing. Unfortunately, no data is available for June 2023, so it is not possible to determine the percent change in rent from June to July. Overall, the rental market for 1-bedroom apartments in College Hill appears to be stable.

The rental market for 2-bedroom apartments in College Hill, Rhode Island appears to be stable, with four new listings in July 2023 and a median rent of $2,875. However, without data for June 2023, it is difficult to determine if there has been any change in rent from month to month.

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 College Hill is $2,600.
Made withDataherald