Rental market snapshot for Parkway Village-Oakhaven, Memphis

Parkway Village-Oakhaven rental market summary

The rental market in Parkway Village-Oakhaven, Tennessee is showing signs of growth. In July 2023, there were 135 new listings, a 7.1% increase from the same time last year. This indicates that the rental market is becoming more active and that more people are looking to rent in the area. The median rent in July 2023 was $1,355, a 1.5% increase from the previous month and a 7.1% increase from July 2022. This suggests that rental prices are on the rise, likely due to increased demand for rental properties in the area.

Overall, the rental market in Parkway Village-Oakhaven, Tennessee is showing signs of growth. With more new listings and increasing rental prices, it is likely that the rental market will continue to be strong in the coming months. This is great news for potential renters looking for a place to call home in the area.

Median rent for all residential properties in Parkway Village-Oakhaven

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The most expensive listings and top trending buildings in Parkway Village-Oakhaven

Most Expensive Listings

AddressRent PriceBed / Bath
5354 Farm Ridge Dr$1,8904 / 2.5
5354 Farm Ridge Dr$1,8804 / 2.5
5348 Airways Blvd$1,7953 / 2.0
3125 Walpole Ave$1,6503 / 2.0
4947 Demeter Cv$1,5953 / 2.0

Top Trending Buildings

We currently do not have this data but we are working to add this soon.

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Bedroom Breakdown in Parkway Village-Oakhaven

2 Bedroom
$875
MEDIAN RENT

Parkway Village-Oakhaven neighborhood apartments rents

Uh-oh! Looks like we don't have any data in Parkway Village-Oakhaven, Tennessee, for studios.

Uh-oh! Looks like we don't have any data in Parkway Village-Oakhaven, Tennessee, for 1-bedroom apartments.

The rental market for 2-bedroom apartments in Parkway Village-Oakhaven, Tennessee in June 2023 is relatively stable. There were 4 new listings in June, and the median rent remained the same at $875. This indicates that the rental market is not experiencing any significant changes in terms of pricing or availability.

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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 Parkway Village-Oakhaven is $1,355.
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