Rental market snapshot for Pecan Springs Springdale, Austin

Pecan Springs Springdale rental market summary

The rental market in Pecan Springs Springdale, Texas is showing signs of growth. In July 2023, there were 115 new listings, a 7.4% increase from the previous month. This indicates that more people are looking to rent in the area. The median rent for the month of July 2023 was $2,038, a 2.9% increase from the same month a year prior. This suggests that the rental market is becoming more competitive and that prices are increasing.

Overall, the rental market in Pecan Springs Springdale, Texas appears to be on the rise. With more listings and higher prices, it is becoming a more attractive option for renters. As the market continues to grow, it is likely that more people will be looking to rent in the area.

Median rent for all residential properties in Pecan Springs Springdale

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The most expensive listings and top trending buildings in Pecan Springs Springdale

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Bedroom Breakdown in Pecan Springs Springdale

Studio
$1,318
MEDIAN RENT
1 Bedroom
$1,568
MEDIAN RENT
2 Bedroom
$1,450
MEDIAN RENT

Pecan Springs Springdale neighborhood apartments rents

The rental market for studios in Pecan Springs Springdale, Texas, is showing signs of stability. In May 2023, there were two new studio listings, and the median rent for studios decreased by 6.7% from April 2023 to May 2023, from $1,412 to $1,318. This suggests that the rental market is becoming more competitive, and renters may be able to find better deals on studio apartments in the area.

The rental market for 1-bedroom apartments in Pecan Springs Springdale, Texas is showing signs of growth. In July 2023, there were 7 new 1-bedroom listings, which is a positive sign for the market. The median rent for 1-bedroom apartments in July 2023 was $1,568, which is 8.7% 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 1-bedroom apartments in Pecan Springs Springdale, Texas is looking positive.

The rental market for 2-bedroom apartments in Pecan Springs Springdale, Texas is showing signs of growth. In July 2023, there were 12 new 2-bedroom listings, which is a significant increase from the previous month. The median rent for 2-bedroom apartments in July 2023 was $1,450, which is a 42.3% decrease from the median rent in June 2023. This suggests that the rental market is becoming more affordable for tenants, and that there is an increasing demand for 2-bedroom apartments in the area.

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 Pecan Springs Springdale is $2,038.
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