Rental market snapshot for Berclair-Highland Heights, Memphis

Berclair-Highland Heights rental market summary

The rental market in Berclair-Highland Heights, Tennessee is showing signs of growth. In July 2023, there were 81 new listings, a 10.8% increase from the same time last year. The median rent for the area has also increased, with a 17.1% jump from June 2023 to July 2023, and a 10.8% increase from July 2022 to July 2023. This indicates that the rental market in Berclair-Highland Heights is becoming more competitive, with more people looking for rental properties and landlords increasing their prices. This could be due to the area's growing popularity, as more people are attracted to the area's amenities and attractions. With the increasing demand for rental properties, it is likely that the rental market in Berclair-Highland Heights will continue to grow in the coming months.

Overall, the rental market in Berclair-Highland Heights is showing signs of growth. The number of new listings and the median rent have both increased in the past year, indicating that the area is becoming more popular and competitive. This could be due to the area's amenities and attractions, as more people are drawn to the area. With the increasing demand for rental properties, it is likely that the rental market in Berclair-Highland Heights will continue to grow in the coming months.

Median rent for all residential properties in Berclair-Highland Heights

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The most expensive listings and top trending buildings in Berclair-Highland Heights

Most Expensive Listings

AddressRent PriceBed / Bath
4998 Byron Rd$1,8504 / 1.0
911 Maria St$1,7504 / 2.0
3749 Rhea Ave$1,7004 / 2.0
3616 Tutwiler Ave$1,5953 / 2.0
661 Tillman St$1,5003 / 2.0

Top Trending Buildings

building nameavg rent price
Zillow$750

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Bedroom Breakdown in Berclair-Highland Heights

1 Bedroom
$750
MEDIAN RENT
2 Bedroom
$950
MEDIAN RENT

Berclair-Highland Heights neighborhood apartments rents

Uh-oh! Looks like we don't have any data in Berclair-Highland Heights, Tennessee, for studios.

The rental market for 1-bedroom apartments in Berclair-Highland Heights, Tennessee appears to be stable, with only one new listing in May 2023. The median rent for 1-bedroom apartments in May 2023 was $750, though the median rent for April 2023 is not available, so it is not possible to determine the percent change in rent from April to May. Overall, the rental market for 1-bedroom apartments in Berclair-Highland Heights appears to be steady.

The rental market for 2-bedroom apartments in Berclair-Highland Heights, Tennessee is showing signs of growth. In July 2023, there was only one new 2-bedroom listing, but the median rent for 2-bedroom apartments increased by 3.0% from June 2023 to July 2023, from $922 to $950. This suggests that demand for 2-bedroom apartments is increasing, and that the rental market is likely to continue to grow in the coming months.

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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 Berclair-Highland Heights is $1,025.
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