Rental market snapshot for Las Tierras, El Paso

Las Tierras rental market summary

The rental market in Las Tierras, Texas is showing signs of growth. In July 2023, there were 176 new listings, a 10% increase from the same time last year. The median rent in July 2023 was $1,395, a 2.8% increase from June 2023 and a 10% increase from July 2022. This indicates that the rental market in Las Tierras is becoming increasingly competitive, with more people looking to rent and landlords increasing their prices.

The increasing demand for rental properties in Las Tierras is likely due to the city's growing population and job opportunities. With more people looking for housing, landlords are able to increase their prices and take advantage of the increased demand. This is likely to continue in the future, as the city continues to grow and attract more people.

Median rent for all residential properties in Las Tierras

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The most expensive listings and top trending buildings in Las Tierras

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Bedroom Breakdown in Las Tierras

1 Bedroom
$1,153
MEDIAN RENT
2 Bedroom
$1,594
MEDIAN RENT

Las Tierras neighborhood apartments rents

Uh-oh! Looks like we don't have any data in Las Tierras, Texas, for studios.

The rental market for 1-bedroom apartments in Las Tierras, Texas is showing signs of improvement. In July 2023, there were 21 new 1-bedroom listings, which is a positive sign for the market. The median rent for 1-bedroom apartments in July 2023 was $1,153, which is a 4.2% decrease from the median rent in June 2023. This suggests that the rental market is becoming more affordable for tenants. Overall, the rental market for 1-bedroom apartments in Las Tierras, Texas is looking promising.

The rental market for 2-bedroom apartments in Las Tierras, Texas is showing signs of growth. In July 2023, there were 22 new 2-bedroom listings, a significant increase from the previous month. The median rent for 2-bedroom apartments in July 2023 was $1,594, a 2.7% increase from the median rent in June 2023. This suggests that the rental market for 2-bedroom apartments in Las Tierras is becoming more competitive, with landlords increasing their prices to meet the growing demand.

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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 Las Tierras is $1,395.
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