Rental market snapshot for Hancock, Austin

Hancock rental market summary

The rental market in Hancock, Texas is showing signs of growth. In July of 2023, there were 239 new listings, a significant increase from the previous month. The median rent for the same month was $1,598, a decrease of 8.7% from the previous month. This is a significant decrease from the median rent of $2,189 in July of 2022, representing a 27.0% decrease in rent over the past year.

Overall, the rental market in Hancock, Texas is showing signs of growth, with an increasing number of new listings and a decrease in median rent. This could be a sign of a healthy rental market, as more people are looking to rent in the area and the cost of rent is becoming more affordable.

Median rent for all residential properties in Hancock

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The most expensive listings and top trending buildings in Hancock

Most Expensive Listings

AddressRent PriceBed / Bath
800 Leonard St$11,4006 / 6.0
609 Elmwood Pl$7,8006 / 3.0
4412 Barrow Ave$5,4955 / 3.5
601 Elmwood Pl$5,4004 / 2.5
918 Keith Ln$4,9955 / 3.0

Top Trending Buildings

building nameavg rent price
Zillow Rental Network$1,996
RPM Living$1,639
Austin Home Source$995

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Bedroom Breakdown in Hancock

Studio
$1,045
MEDIAN RENT
1 Bedroom
$1,883
MEDIAN RENT
2 Bedroom
$1,949
MEDIAN RENT

Hancock neighborhood apartments rents

The rental market for studios in Hancock, Texas appears to be relatively stable, with only two new listings in June 2023 and a median rent of $1,045. Unfortunately, no data is available for May 2023, so it is not possible to determine the percent change in rent from that month. Overall, the rental market for studios in Hancock appears to be relatively steady.

The rental market for 1-bedroom apartments in Hancock, Texas is showing signs of stability. In July 2023, there were 15 new 1-bedroom listings, and the median rent for 1-bedroom apartments only changed by 1.5% from June 2023 to July 2023, from $1,911 to $1,883. This suggests that the rental market is not experiencing any major fluctuations, and that the prices of 1-bedroom apartments in Hancock, Texas are staying relatively consistent.

The rental market for 2-bedroom apartments in Hancock, Texas is showing signs of growth. In July 2023, there were 4 new 2-bedroom listings, indicating an increase in demand for these types of apartments. The median rent for 2-bedroom apartments in July 2023 was $1,949, a 17.7% decrease from the median rent in June 2023. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for 2-bedroom apartments in Hancock, Texas appears to be on the rise.

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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 Hancock is $1,598.
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