Rental market snapshot for Greater Avenues, Salt Lake City
Greater Avenues rental market summary
The rental market in Greater Avenues, Utah is showing signs of growth. In July 2023, there were 102 new listings, indicating an increase in rental activity. The median rent for the month of July 2023 was $1,425, which is the same as the median rent in June 2023. This suggests that rental prices have remained stable over the past month. However, when compared to the median rent in July 2022, there has been a 10% increase in rent prices. This indicates that the rental market in Greater Avenues is becoming more expensive.
Overall, the rental market in Greater Avenues is showing signs of growth. With an increase in new listings and a 10% increase in median rent prices, it is clear that the rental market is becoming more expensive. This could be due to a number of factors, such as an increase in demand for rental properties or a decrease in the number of available rental properties. Regardless, it is important for renters to be aware of the changing rental market in Greater Avenues.
Median rent for all residential properties in Greater Avenues
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The most expensive listings and top trending buildings in Greater Avenues
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 152 E 3rd Ave | $2,900 | 3 / 2.0 |
| 670 E 13th Ave | $2,195 | 2 / 1.0 |
| 86 B St | $2,000 | 1 / 1.0 |
| 324 N L St | $1,995 | 3 / 1.0 |
| 851 E 3rd Ave | $1,950 | 2 / 2.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| AMC | $1,495 |
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Bedroom Breakdown in Greater Avenues
Greater Avenues neighborhood apartments rents
The rental market for studios in Greater Avenues, Utah appears to be relatively stable, with only two new listings in May 2023. The median rent for studios in May 2023 was $1,060, though it is not known what the median rent was in April 2023 or what the percent change in rent was from April to May. Overall, it appears that the rental market for studios in Greater Avenues is relatively stable and consistent.
The rental market for 1-bedroom apartments in Greater Avenues, Utah is showing signs of growth. In July 2023, there was only one new 1-bedroom listing, but the median rent for 1-bedroom apartments increased by 4.9% from June 2023 to July 2023, from $1,425 to $1,495. This suggests that demand for 1-bedroom apartments is increasing, and that the rental market is becoming more competitive.
The rental market for 2-bedroom apartments in Greater Avenues, Utah is relatively stable. In July 2023, there were two new 2-bedroom listings, and the median rent for 2-bedroom apartments was $1,760, a 1.9% decrease from the median rent in June 2023. This suggests that the rental market is not experiencing significant fluctuations in prices, and that the market is relatively steady.