Rental market snapshot for Oaks, Garland

Oaks rental market summary

The rental market in Oaks, Texas is showing signs of growth. In July 2023, there were 16 new listings, indicating an increase in demand for rental properties. The median rent for the month of July 2023 was $2,400, which is the same as the median rent for June 2023. This indicates that the rental market is stable and that prices are not fluctuating significantly. However, when compared to the median rent in July 2022, which was $2,180, there has been a 10.1% increase in rent. This suggests that the rental market in Oaks, Texas is becoming more competitive and that demand is increasing.

Overall, the rental market in Oaks, Texas is showing signs of growth and stability. The number of new listings is increasing and the median rent is steadily rising. This indicates that the rental market in Oaks, Texas is becoming more competitive and that demand is increasing. As such, it is likely that rental prices will continue to increase in the future.

Median rent for all residential properties in Oaks

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

The most expensive listings and top trending buildings in Oaks

Get the latest rental data first

Our dashboards give you an instant snapshot of everything you need to keep tabs on your markets.

Bedroom Breakdown in Oaks

1 Bedroom
$397
MEDIAN RENT
2 Bedroom
$1,322
MEDIAN RENT

Oaks neighborhood apartments rents

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

The rental market for 1-bedroom apartments in Oaks, Texas is relatively stable. In May 2022, there was only one new 1-bedroom listing, indicating that the market is not experiencing a surge in demand. The median rent for 1-bedroom apartments in May 2022 was the same as in April 2022, at $397, indicating that there was no change in rent from month to month. Overall, the rental market for 1-bedroom apartments in Oaks, Texas is stable and shows no signs of significant change in the near future.

The rental market for 2-bedroom apartments in Oaks, Texas in May 2022 is relatively stable, with only one new listing and no change in median rent from April 2022. The median rent for a 2-bedroom apartment in May 2022 is $1,322, which is the same as the median rent in April 2022. This indicates that the rental market for 2-bedroom apartments in Oaks, Texas is not experiencing any significant changes in terms of pricing or availability.

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 Oaks is $2,400.
Made withDataherald