Rental market snapshot for Elmhurst, Providence
Elmhurst rental market summary
The rental market in Elmhurst, Rhode Island is showing signs of growth. In July 2023, there were 64 new listings, a significant increase from the previous month. The median rent also increased from $2,150 in June 2023 to $2,095 in July 2023, representing a 2.6% increase. Additionally, the median rent in July 2023 was 3.7% higher than it was in July 2022, indicating a steady increase in rental prices over the past year.
Overall, the rental market in Elmhurst, Rhode Island appears to be healthy and growing. With more listings and increasing rental prices, it is a great time for renters to find a new home in the area. With the right research and negotiation, renters can find a great deal on a rental property in Elmhurst.
Median rent for all residential properties in Elmhurst
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The most expensive listings and top trending buildings in Elmhurst
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 77 Tyndall Ave | $4,200 | 6 / 3.0 |
| 38 Tyndall Ave | $3,400 | 4 / 2.0 |
| 15 Radcliffe Ave | $3,200 | 4 / 1.0 |
| 31 Pembroke Ave | $3,000 | 5 / 2.0 |
| 207 Jastram St | $2,700 | 3 / 1.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Zillow | $1,350 |
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Bedroom Breakdown in Elmhurst
Elmhurst neighborhood apartments rents
The rental market for studios in Elmhurst, Rhode Island appears to be relatively stable, with only one new studio listing in April 2023. The median rent for studios in April 2023 was $1,300, though the median rent for March 2023 is not available, so it is not possible to determine the percent change in rent from March to April. Overall, the rental market for studios in Elmhurst appears to be relatively stable.
The rental market for 1-bedroom apartments in Elmhurst, Rhode Island appears to be stable, with only one new listing in May 2023. The median rent for 1-bedroom apartments in May 2023 was $1,350, indicating that the rental market is not experiencing any significant changes in pricing. Unfortunately, no data is available for the median rent in 1-bedroom apartments in March 2023, so it is not possible to calculate the percent change in rent from March to May. Overall, the rental market for 1-bedroom apartments in Elmhurst appears to be stable.
The rental market for 2-bedroom apartments in Elmhurst, Rhode Island is showing signs of growth. In April 2023, there were two new 2-bedroom listings, indicating an increase in demand for these types of apartments. The median rent for 2-bedroom apartments in April 2023 was $1,825, a 22.1% increase from the median rent in March 2023, which was $1,495. This suggests that the rental market for 2-bedroom apartments in Elmhurst is becoming more competitive, and renters should expect to pay more for these types of apartments in the future.