Rental market snapshot for Hyde Park, Austin

Hyde Park rental market summary

The rental market in Hyde Park, Texas is showing signs of growth. In July 2023, there were 151 new listings, a significant increase from the previous month. The median rent for the month of July 2023 was $1,300, a 18.8% decrease from the previous month and a 27.8% decrease from the same time last year. This suggests that the rental market in Hyde Park is becoming more affordable, making it an attractive option for renters.

The decrease in median rent is likely due to an increase in the number of rental properties available in the area. With more options to choose from, renters are able to find more affordable housing options. This is good news for those looking to rent in Hyde Park, as it means they can find a place to live that fits their budget. With the rental market in Hyde Park becoming increasingly competitive, it is likely that rents will continue to decrease in the future.

Median rent for all residential properties in Hyde Park

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The most expensive listings and top trending buildings in Hyde Park

Most Expensive Listings

AddressRent PriceBed / Bath
4513 Avenue F$5,5004 / 3.0
3908 Avenue C$5,0005 / 2.0
4500 Avenue C$4,9506 / 3.5
4500 Avenue C$4,7505 / 3.5
4518 Speedway$4,5956 / 2.0

Top Trending Buildings

building nameavg rent price
Metric Property Management$1,525

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Bedroom Breakdown in Hyde Park

Studio
$1,145
MEDIAN RENT
1 Bedroom
$1,525
MEDIAN RENT
2 Bedroom
$1,770
MEDIAN RENT

Hyde Park neighborhood apartments rents

The rental market for studios in Hyde Park, Texas appears to be relatively stable, with only one new studio listing in July 2023 and a median rent of $1,145. Unfortunately, no data is available for June 2023, so it is not possible to determine the percent change in rent from June to July. Overall, the rental market for studios in Hyde Park appears to be relatively steady.

The rental market for 1-bedroom apartments in Hyde Park, Texas is showing signs of growth. In July 2023, there were two new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $1,525, a 7.6% 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 1-bedroom apartments in Hyde Park, Texas appears to be on the rise.

The rental market for 2-bedroom apartments in Hyde Park, Texas in June 2023 is relatively stable. There were only two new listings in June, and the median rent for 2-bedroom apartments remained virtually unchanged from May to June, with a slight decrease of .1%. This indicates that the rental market is not experiencing any significant changes in the short-term.

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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 Hyde Park is $1,300.
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