Rental market snapshot for Merry Oaks, Nashville

Merry Oaks rental market summary

The rental market in Merry Oaks, Tennessee is showing signs of growth. In July 2023, there were 11 new listings, a 17.5% increase from the previous month. This suggests that the rental market is becoming more active. The median rent in July 2023 was $1,560, an 11.6% increase from July 2022. This indicates that rental prices are on the rise, likely due to increased demand.

Overall, the rental market in Merry Oaks, Tennessee appears to be healthy and growing. With more listings and higher rental prices, it is a great time to be a landlord in the area. With the right strategies, landlords can capitalize on the current market conditions and maximize their return on investment.

Median rent for all residential properties in Merry Oaks

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The most expensive listings and top trending buildings in Merry Oaks

Most Expensive Listings

AddressRent PriceBed / Bath
2757 Airwood Dr$2,3003 / 2.0
700 Airways Cir$1,7853 / 2.0
2525 Elm Hill Pike$1,5900 / 1.0
727 McGavock Pike$1,5600 / 1.0
700 Airways Cir$1,2401 / 1.0

Top Trending Buildings

building nameavg rent price
Morgan Properties$1,233

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Bedroom Breakdown in Merry Oaks

1 Bedroom
$1,232
MEDIAN RENT
2 Bedroom
$1,395
MEDIAN RENT

Merry Oaks neighborhood apartments rents

Uh-oh! Looks like we don't have any data in Merry Oaks, Tennessee, for studios.

The rental market for 1-bedroom apartments in Merry Oaks, Tennessee in July 2023 is relatively stable. There were only two new listings in July, and the median rent for 1-bedroom apartments only increased by .2% from June to July, from $1,230 to $1,232. This indicates that the rental market is not experiencing any significant changes in the short-term.

The rental market for 2-bedroom apartments in Merry Oaks, Tennessee is showing signs of stability. In June 2023, there were 3 new 2-bedroom listings, and the median rent for 2-bedroom apartments was $1,395, only a 1.4% decrease from the median rent in May 2023. This suggests that the rental market is not experiencing any drastic changes, and that the prices of 2-bedroom apartments are staying relatively consistent.

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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 Merry Oaks is $1,560.
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