Rental market snapshot for Mount Pleasant, Providence

Mount Pleasant rental market summary

The rental market in Mount Pleasant, Rhode Island is showing signs of growth. In July of 2023, there were 40 new listings, a 21.5% increase from the previous month. This is a significant increase from the same time last year, when there were no new listings. The median rent in July of 2023 was $1,995, a 21.5% decrease from the previous month. This is a significant decrease from the same time last year, when the median rent was $2,540.

Overall, the rental market in Mount Pleasant, Rhode Island is showing signs of growth. The number of new listings is increasing, and the median rent is decreasing. This could be a sign that the rental market is becoming more competitive, with more people looking for rental properties and landlords offering more competitive prices. It is likely that the rental market in Mount Pleasant will continue to grow in the coming months.

Median rent for all residential properties in Mount Pleasant

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The most expensive listings and top trending buildings in Mount Pleasant

Most Expensive Listings

AddressRent PriceBed / Bath
270 Mount Pleasant Ave$3,5005 / 1.5
95 Fairmount Ave$2,7505 / 2.0
4 Glover St$2,7002 / 1.0
38 Trinity Parkway$2,5403 / 1.5
203 Lynch Street$1,9953 / 1.5

Top Trending Buildings

building nameavg rent price
Zillow$1,950

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Bedroom Breakdown in Mount Pleasant

1 Bedroom
$1,950
MEDIAN RENT
2 Bedroom
$1,650
MEDIAN RENT

Mount Pleasant neighborhood apartments rents

Uh-oh! Looks like we don't have any data in Mount Pleasant, Rhode Island, for studios.

The rental market for 1-bedroom apartments in Mount Pleasant, Rhode Island appears to be stable, with only one new listing in April 2023 and a median rent of $1,950. Unfortunately, no data is available for the month of March 2023, so it is not possible to determine the percent change in rent from that month. Overall, the rental market for 1-bedroom apartments in Mount Pleasant appears to be steady.

The rental market for 2-bedroom apartments in Mount Pleasant, Rhode Island 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 $1,650, which is 13.2% lower than the median rent in March 2023, which was $1,900. This suggests that the rental market is not experiencing significant inflation. Overall, the rental market for 2-bedroom apartments in Mount Pleasant, Rhode Island is relatively stable.

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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 Mount Pleasant is $1,995.
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