Rental market snapshot for Southwest, Arlington
Southwest rental market summary
The rental market in Southwest, Texas is showing signs of growth. In July 2023, there were 1,436 new listings, a significant increase from the previous month. The median rent for July 2023 was $2,100, a slight increase of .5% from the previous month. However, when compared to the same time period in 2022, the median rent has increased by 1.7%. This indicates that the rental market in Southwest, Texas is becoming more competitive and that rental prices are on the rise.
Overall, the rental market in Southwest, Texas is showing signs of growth and increasing competition. With more new listings and a steady increase in median rent, it is likely that the rental market in Southwest, Texas will continue to grow in the coming months. This could be beneficial for both landlords and tenants, as landlords will be able to charge higher rents and tenants will have more options to choose from.
Median rent for all residential properties in Southwest
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The most expensive listings and top trending buildings in Southwest
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
5104 Haddonstone Dr | $3,295 | 5 / 3.0 |
1905 Wareham Ct | $3,250 | 4 / 3.0 |
3608 Palomino Dr | $3,250 | 4 / 2.0 |
5104 Haddonstone Dr | $3,145 | 5 / 3.0 |
6517 Forest Park Drive | $3,035 | 5 / 3.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Valiant Residential | $1,384 |
DayRise Residential | $1,354 |
Westdale Asset Management | $1,153 |
Wolf Properties | $890 |
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Bedroom Breakdown in Southwest
Southwest neighborhood apartments rents
The rental market for studios in Southwest, Texas is showing signs of improvement in March 2023. There was only one new studio listing in March, but the median rent for studios decreased by 24.5% from $1,192 in February to $900 in March. This suggests that the rental market is becoming more competitive, with landlords offering lower rents to attract tenants.
The rental market for 1-bedroom apartments in Southwest, Texas is showing signs of growth. In July 2023, there were 13 new 1-bedroom listings, a 3.0% increase in median rent from June 2023 to July 2023, and a median rent of $1,185. This indicates that the rental market is becoming more competitive and that demand for 1-bedroom apartments is increasing.
The rental market for 2-bedroom apartments in Southwest, Texas is showing signs of stability. In July 2023, there were 13 new 2-bedroom listings, and the median rent for 2-bedroom apartments only decreased by 1.3% from June 2023 to July 2023, from $1,530 to $1,510. This suggests that the rental market is not experiencing any drastic changes, and that the prices of 2-bedroom apartments are staying relatively consistent.