Rental market snapshot for Sylvan Park, Nashville
Sylvan Park rental market summary
The rental market in Sylvan Park, Tennessee is showing signs of growth. In July of 2023, there were 22 new listings, indicating that the demand for rental properties is increasing. The median rent in July 2023 was $3,195, which is the same as the median rent in June 2023. This suggests that the rental market in Sylvan Park is stable and not experiencing any major fluctuations.
When compared to the median rent in July 2022, the median rent in July 2023 has increased by 60.2%. This indicates that the rental market in Sylvan Park is growing and becoming more expensive. This could be due to the increasing demand for rental properties in the area, as well as the increasing cost of living.
Median rent for all residential properties in Sylvan Park
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The most expensive listings and top trending buildings in Sylvan Park
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 4201 Nevada Ave | $4,900 | 3 / 2.0 |
| 4000 Westlawn Dr | $3,600 | 4 / 2.0 |
| 603 Centerpoint Lane | $3,195 | 4 / 4.0 |
| 4206 Idaho Ave | $2,900 | 2 / 1.0 |
| 204 54th Ave N | $1,700 | 2 / 1.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Zillow | $1,880 |
| Crye-Leike Tim Guilfoil CRS ABR Managing Broker | $1,550 |
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Bedroom Breakdown in Sylvan Park
Sylvan Park neighborhood apartments rents
The rental market for studios in Sylvan Park, Tennessee appears to be relatively stable, with only one new studio listing in March 2022. The median rent for studios in March 2022 is $1,350, though the median rent for February 2022 is not available. Therefore, it is not possible to determine the percent change in rent from February 2022 to March 2022. Overall, the rental market for studios in Sylvan Park appears to be relatively stable.
The rental market for 1-bedroom apartments in Sylvan Park, Tennessee is expected to be strong in July 2022, with four new listings entering the market. The median rent for 1-bedroom apartments is expected to increase by 31.9% from June 2022 to July 2022, from $1,300 to $1,715. This indicates that demand for 1-bedroom apartments in Sylvan Park is high and that the rental market is likely to remain strong in the coming months.
The rental market for 2-bedroom apartments in Sylvan Park, Tennessee is showing signs of growth. In June 2023, there were two new 2-bedroom listings, indicating an increase in demand for these types of apartments. The median rent for 2-bedroom apartments in June 2023 was $2,995, a 22.4% increase from the median rent in May 2023, which was $2,448. This suggests that the rental market for 2-bedroom apartments in Sylvan Park is becoming more competitive, and renters should expect to pay more for these types of apartments in the near future.