Rental market snapshot for Smith Hill, Providence

Smith Hill rental market summary

The rental market in Smith Hill, Rhode Island is showing signs of stability. In July of 2023, there were 51 new listings, indicating that the market is still active. The median rent for the month of July 2023 was $2,200, which is the same as the median rent for June 2023. This suggests that the rental market in Smith Hill is not experiencing any dramatic changes in pricing. When compared to the median rent in July 2022, there has been a 4.3% increase in rent. This indicates that the rental market in Smith Hill is slowly but steadily increasing in value.

Overall, the rental market in Smith Hill, Rhode Island is showing signs of stability. The number of new listings is still high, and the median rent has remained consistent over the past year. While there has been a slight increase in rent from July 2022 to July 2023, the change is not drastic. This suggests that the rental market in Smith Hill is a safe and reliable option for renters.

Median rent for all residential properties in Smith Hill

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The most expensive listings and top trending buildings in Smith Hill

Most Expensive Listings

AddressRent PriceBed / Bath
173 Oakland Ave$3,8006 / 2.0
255 Promenade St$3,2252 / 2.0
1000 Providence Pl$3,0992 / 2.0
903 Providence Pl$2,7992 / 2.0
14 Eaton St$2,5503 / 1.0

Top Trending Buildings

building nameavg rent price
Zillow$2,324

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Bedroom Breakdown in Smith Hill

Studio
$1,968
MEDIAN RENT
1 Bedroom
$2,345
MEDIAN RENT
2 Bedroom
$1,950
MEDIAN RENT

Smith Hill neighborhood apartments rents

The rental market for studios in Smith Hill, Rhode Island is showing a slight increase in March 2023, with 14 new listings and a median rent of $1,968, representing a .4% increase from the median rent of $1,960 in February 2023. This indicates that the rental market for studios in Smith Hill is slowly increasing, although the rate of increase is relatively small.

The rental market for 1-bedroom apartments in Smith Hill, Rhode Island is showing signs of growth. In March 2023, there were 12 new 1-bedroom listings, a significant increase from the previous month. The median rent for 1-bedroom apartments also increased from $2,100 in February 2023 to $2,345 in March 2023, representing an 11.7% increase. This suggests that the rental market for 1-bedroom apartments in Smith Hill is becoming more competitive, with landlords raising prices to capitalize on the increased demand.

The rental market for 2-bedroom apartments in Smith Hill, Rhode Island appears to be stable, with only one new listing in June 2023 and a median rent of $1,950. Unfortunately, no data is available for May 2023, so it is not possible to determine the percent change in rent from that month. Overall, the rental market for 2-bedroom apartments in Smith Hill appears to be steady.

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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 Smith Hill is $2,200.
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