Rental market snapshot for Montopolis, Austin

Montopolis rental market summary

The rental market in Montopolis, Texas is showing signs of growth. In July 2023, there were 119 new listings, a significant increase from the previous month. The median rent also increased from $2,000 in June 2023 to $1,955 in July 2023, representing a 2.2% increase. This is a continuation of the trend of increasing rents in Montopolis, with the median rent increasing 8.9% from $1,795 in July 2022 to $1,955 in July 2023. This indicates that the rental market in Montopolis is becoming increasingly competitive, with more people looking to rent in the area.

Overall, the rental market in Montopolis is showing signs of growth and increasing demand. With more new listings and rising rents, it is becoming increasingly difficult to find affordable rental options in the area. As such, it is important for potential renters to be aware of the current market conditions and to act quickly when they find a suitable rental property.

Median rent for all residential properties in Montopolis

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The most expensive listings and top trending buildings in Montopolis

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Bedroom Breakdown in Montopolis

Studio
$1,246
MEDIAN RENT
1 Bedroom
$1,640
MEDIAN RENT
2 Bedroom
$2,000
MEDIAN RENT

Montopolis neighborhood apartments rents

The rental market for studios in Montopolis, Texas is showing a slight increase in July 2023, with two new listings and a 1.5% increase in median rent from June 2023 to July 2023. The median rent for studios in July 2023 is $1,246, which is slightly higher than the median rent of $1,227 in June 2023. This indicates that the rental market for studios in Montopolis is slowly increasing, and may continue to do so in the coming months.

The rental market for 1-bedroom apartments in Montopolis, Texas is showing signs of stability. In July 2023, there were 30 new 1-bedroom listings, and the median rent for 1-bedroom apartments only increased by 1.3% from June 2023 to July 2023, from $1,661 to $1,640. This indicates that the rental market is not experiencing any drastic changes, and that the prices of 1-bedroom apartments are staying relatively consistent.

The rental market for 2-bedroom apartments in Montopolis, Texas is showing signs of growth. In July 2023, there were 10 new 2-bedroom listings, which is a 15.4% increase from the previous month. The median rent for 2-bedroom apartments in July 2023 was $2,000, which is a decrease of 15.4% from the median rent in June 2023. This indicates that the rental market for 2-bedroom apartments in Montopolis is becoming more affordable and is likely to continue to grow in the coming months.

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 Montopolis is $1,955.
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