Rental market snapshot for Johnston Terrace, Austin

Johnston Terrace rental market summary

The rental market in Johnston Terrace, Texas is showing signs of growth. In July 2023, there were 43 new listings, a 6.6% increase from the previous month. This indicates that the rental market is becoming more active and that more people are looking for rental properties in the area. The median rent in July 2023 was $2,665, a 9.7% increase from the same time last year. This suggests that rental prices in the area are increasing, likely due to increased demand for rental properties.

Overall, the rental market in Johnston Terrace, Texas is showing signs of growth. The number of new listings and the median rent are both increasing, indicating that the rental market is becoming more active and that rental prices are on the rise. This could be a great opportunity for potential renters to find a great rental property in the area.

Median rent for all residential properties in Johnston Terrace

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The most expensive listings and top trending buildings in Johnston Terrace

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Bedroom Breakdown in Johnston Terrace

Studio
$1,599
MEDIAN RENT
2 Bedroom
$2,770
MEDIAN RENT

Johnston Terrace neighborhood apartments rents

The rental market for studios in Johnston Terrace, Texas is showing signs of growth. In July 2023, there were 8 new studio listings, indicating an increase in demand for rental units. The median rent for studios in July 2023 was $1,599, which is 4.4% lower than 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 studios in Johnston Terrace, Texas appears to be on the rise.

Uh-oh! Looks like we don't have any data in Johnston Terrace, Texas, for 1-bedroom apartments.

The rental market for 2-bedroom apartments in Johnston Terrace, Texas is relatively stable. In July 2023, there were 10 new 2-bedroom listings, and the median rent for 2-bedroom apartments was $2,770, which is a slight decrease of .5% from the median rent in June 2023. This indicates that the rental market is not experiencing any major fluctuations, and that the prices of 2-bedroom apartments are staying relatively consistent.

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 Johnston Terrace is $2,665.
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