Rental market snapshot for West End, Providence

West End rental market summary

The rental market in West End, Rhode Island is showing signs of growth. In July of 2023, there were 36 new listings, a significant increase from the previous month. This suggests that more people are looking to rent in the area. The median rent in July 2023 was $2,200, a 10% increase from the previous month and a 4.8% increase from the same time last year. This indicates that rental prices are on the rise in West End, Rhode Island.

Overall, the rental market in West End, Rhode Island appears to be healthy and growing. With more listings and increasing rental prices, it is a great time to consider renting in the area. With the current market conditions, renters should be able to find a great deal on a rental property.

Median rent for all residential properties in West End

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The most expensive listings and top trending buildings in West End

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Bedroom Breakdown in West End

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

West End neighborhood apartments rents

The rental market for studios in West End, Rhode Island appears to be stable, with four new listings in May 2022. The median rent for studios in May 2022 is $650, though the median rent for April 2022 is not available. Therefore, it is not possible to determine the percent change in rent from April 2022 to May 2022. Overall, the rental market for studios in West End appears to be steady.

The rental market for 1-bedroom apartments in West End, Rhode Island is showing signs of growth. In May 2023, there was only one new 1-bedroom listing, but the median rent for 1-bedroom apartments increased by 3.4% from April 2023 to May 2023, from $1,595 to $1,650. This suggests that demand for 1-bedroom apartments is increasing, and that the rental market is becoming more competitive.

The rental market for 2-bedroom apartments in West End, Rhode Island appears to be relatively stable, with only one new listing in July 2023. The median rent for 2-bedroom apartments in July 2023 was $1,950, indicating that the rental market is not experiencing any significant changes in pricing. Unfortunately, no data is available for the median rent in May 2023, so it is not possible to calculate the percent change in rent from May to July. Overall, the rental market for 2-bedroom apartments in West End appears to be 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 West End is $2,200.
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