Rental market snapshot for Washington Park, Providence

Washington Park rental market summary

The rental market in Washington Park, Rhode Island is showing signs of growth. In July 2023, there were 11 new listings, a significant increase from the previous month. The median rent for the area also increased by 29.2% from June to July 2023, and 32.5% from July 2022 to July 2023. This indicates that the rental market in Washington Park is becoming increasingly competitive, as more people are looking to rent in the area.

The increasing demand for rental properties in Washington Park is likely due to its close proximity to Providence and other major cities in Rhode Island. With its convenient location and growing rental market, Washington Park is becoming an attractive option for those looking for a place to rent. As the rental market continues to grow, it is likely that the median rent will continue to increase as well.

Median rent for all residential properties in Washington Park

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The most expensive listings and top trending buildings in Washington Park

Most Expensive Listings

AddressRent PriceBed / Bath
192 Indiana Ave$3,8504 / 2.0
141 Massachusetts Ave$3,0005 / 2.5
204 California Ave$2,3253 / 1.0
90 Georgia Ave$1,8002 / 1.0
296 Washington Ave$1,4501 / 1.0

Top Trending Buildings

building nameavg rent price
Providence Realty Advisors LLC$1,450

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Bedroom Breakdown in Washington Park

1 Bedroom
$1,450
MEDIAN RENT
2 Bedroom
$1,600
MEDIAN RENT

Washington Park neighborhood apartments rents

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

The rental market for 1-bedroom apartments in Washington Park, 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 $1,450, indicating that the rental market is not experiencing any significant changes in pricing. Without data for May 2023, it is not possible to determine the percent change in rent from May to July. Overall, the rental market for 1-bedroom apartments in Washington Park appears to be stable.

The rental market for 2-bedroom apartments in Washington Park, Rhode Island appears to be stable. In April 2023, there were 4 new 2-bedroom listings, with a median rent of $1,600. Unfortunately, no data is available for the median rent in March 2023, so it is not possible to calculate the percent change in rent from March to April. However, the fact that there were 4 new listings in April suggests that the rental market is healthy and that demand for 2-bedroom apartments is 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 Washington Park is $2,325.
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