Rental market snapshot for Great Bridge, Chesapeake

Great Bridge rental market summary

The rental market in Great Bridge, Virginia is showing signs of stability. In July 2023, there were 20 new listings, indicating that the market is still active and growing. The median rent in July 2023 was $1,895, which is a 4.8% decrease from the median rent in June 2023. This suggests that the rental market is becoming more affordable for tenants. Furthermore, the median rent in July 2023 is the same as it was in July 2022, indicating that the rental market has remained relatively stable over the past year.

Overall, the rental market in Great Bridge, Virginia appears to be healthy and affordable. The number of new listings is increasing, and the median rent has remained relatively stable over the past year. This is good news for tenants looking for a place to live in the area, as they can expect to find a variety of options at an affordable price.

Median rent for all residential properties in Great Bridge

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The most expensive listings and top trending buildings in Great Bridge

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Bedroom Breakdown in Great Bridge

1 Bedroom
$1,645
MEDIAN RENT
2 Bedroom
$2,287
MEDIAN RENT

Great Bridge neighborhood apartments rents

Uh-oh! Looks like we don't have any data in Great Bridge, Virginia, for studios.

The rental market for 1-bedroom apartments in Great Bridge, Virginia is relatively stable. In July 2023, there were 4 new 1-bedroom listings, and the median rent for 1-bedroom apartments increased by only .6% from June 2023 to July 2023, from $1,635 to $1,645. This indicates that the rental market for 1-bedroom apartments in Great Bridge is not experiencing any significant changes in terms of pricing or availability.

The rental market for 2-bedroom apartments in Great Bridge, Virginia is showing signs of growth. In July 2023, there were 3 new 2-bedroom listings, indicating an increase in demand for these types of apartments. The median rent for 2-bedroom apartments in July 2023 was $2,287, a 14.1% increase from the median rent in June 2023, which was $2,005. This suggests that the rental market for 2-bedroom apartments in Great Bridge is becoming more competitive, and renters should expect to pay more for these types of apartments in the near future.

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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 Great Bridge is $1,895.
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