Rental market snapshot for Near East, Dallas
Near East rental market summary
The rental market in Near East, Texas is showing signs of growth. In July 2023, there were 440 new listings, a significant increase from the previous month. The median rent also increased by 1.7% from June to July, indicating that demand for rental properties is increasing.
The median rent in July 2023 was $2,149, a 6.8% increase from the same time the previous year. This suggests that the rental market in Near East is becoming more competitive, with more people looking to rent properties in the area. This is likely due to the increasing population and job opportunities in the area.
Median rent for all residential properties in Near East
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The most expensive listings and top trending buildings in Near East
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
2430 Victory Park Ln | $15,000 | 3 / 4.0 |
2323 N Akard St | $7,982 | 3 / 3.5 |
2323 N Akard St | $6,898 | 3 / 3.5 |
4706 Memphis St | $6,500 | 3 / 3.0 |
2588 N Houston St | $5,012 | 2 / 2.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
URBY | $2,465 |
Quarterra | $2,382 |
Zillow Rental Network | $2,380 |
GIG | $2,203 |
Gables Residential | $2,163 |
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Bedroom Breakdown in Near East
Near East neighborhood apartments rents
The rental market for studios in Near East, Texas is showing signs of growth. In July 2023, there were 27 new studio listings, a 4.8% increase in median rent from June 2023 to July 2023, and a median rent of $1,635. This indicates that the rental market for studios in Near East is becoming increasingly competitive, with more people looking to rent studios in the area.
The rental market for 1-bedroom apartments in Near East, Texas is showing signs of growth. In July 2023, there were 132 new 1-bedroom listings, a 3.5% increase from the median rent in June 2023. The median rent for 1-bedroom apartments in July 2023 was $1,950, a slight decrease from the median rent in June 2023. This suggests that the rental market is becoming more competitive, with more options available for renters.
The rental market for 2-bedroom apartments in Near East, Texas is showing signs of stability. In July 2023, there were 72 new 2-bedroom listings, and the median rent for 2-bedroom apartments was $2,657, only a 1.6% decrease from the median rent in June 2023. This suggests that the rental market is not experiencing any drastic changes, and that the prices of 2-bedroom apartments are staying relatively consistent.