Rental market snapshot for Five Mile Creek, Dallas

Five Mile Creek rental market summary

The rental market in Five Mile Creek, Texas is showing signs of growth. In July 2023, there were 33 new listings, a significant increase from the previous month. The median rent in July 2023 was $1,375, a 21.7% increase from the previous month and a 7.5% increase from the same time last year. This suggests that the rental market in Five Mile Creek is becoming increasingly competitive, with more people looking to rent in the area.

The rising median rent in Five Mile Creek is indicative of a strong rental market. With more people looking to rent in the area, landlords are able to increase their asking prices and still find tenants. This is a positive sign for the local economy, as it suggests that more people are looking to move to the area and take advantage of the amenities and services available.

Median rent for all residential properties in Five Mile Creek

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The most expensive listings and top trending buildings in Five Mile Creek

Most Expensive Listings

AddressRent PriceBed / Bath
2547 E Ann Arbor E$1,7553 / 2.0
529 Early Dawn Trl$1,6503 / 2.0
3504 Fawn Valley Dr$1,3753 / 2.0
3523 Fawn Valley Dr$1,2752 / 1.5
3523 Fawn Valley Dr$1,2752 / 2.0

Top Trending Buildings

building nameavg rent price
Zillow Rental Network$1,010

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Bedroom Breakdown in Five Mile Creek

1 Bedroom
$1,010
MEDIAN RENT
2 Bedroom
$1,275
MEDIAN RENT

Five Mile Creek neighborhood apartments rents

Uh-oh! Looks like we don't have any data in Five Mile Creek, Texas, for studios.

The rental market for 1-bedroom apartments in Five Mile Creek, Texas, remained relatively stable in July 2023, with only one new listing and no change in median rent from the previous month. The median rent for a 1-bedroom apartment in July 2023 was $1,010, the same as it was in June 2023. This indicates that the rental market in Five Mile Creek is relatively stable and that there is no significant change in rental prices from month to month.

The rental market for 2-bedroom apartments in Five Mile Creek, Texas, in July 2023 is relatively stable. There were only three new listings in the month, and the median rent remained unchanged from the previous month at $1,275. This suggests that the rental market is not experiencing any significant changes in terms of pricing or availability.

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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 Five Mile Creek is $1,375.
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