Rental market snapshot for Museums, Richmond
Museums rental market summary
The rental market in Museums, Virginia is showing signs of growth. In July 2023, there were 21 new listings, a 9.5% increase from the same time last year. The median rent for July 2023 was $1,199, a 3.5% increase from June 2023 and a 9.5% increase from July 2022. This indicates that the rental market in Museums is becoming more competitive and that prices are rising.
The increasing number of new listings and rising median rent suggest that the rental market in Museums is becoming more attractive to potential renters. With more options available and higher prices, renters are likely to find a rental that meets their needs and budget. The increasing demand for rental properties in Museums is likely to continue in the future, making it an attractive option for renters.
Median rent for all residential properties in Museums
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The most expensive listings and top trending buildings in Museums
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 2022 E Broad St | $1,599 | 2 / 2.0 |
| 2022 E Broad St | $1,500 | 2 / 2.0 |
| 2022 E Broad St | $1,299 | 1 / 1.0 |
| 2022 E Broad St | $1,200 | 1 / 1.0 |
| 2022 E Broad St | $1,199 | 0 / 1.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Zillow | $1,665 |
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Bedroom Breakdown in Museums
Museums neighborhood apartments rents
The rental market for studios in Museums, Virginia is showing signs of improvement. In May 2023, there were two new studio listings, which is a positive sign for the market. The median rent for studios in May 2023 was $1,124, which is a 9.2% decrease from the median rent in April 2023 of $1,238. This suggests that the rental market is becoming more affordable for potential tenants. Overall, the rental market for studios in Museums, Virginia is looking promising.
The rental market for 1-bedroom apartments in Museums, Virginia appears to be stable, with only one new listing in May 2023 and a median rent of $1,665. Unfortunately, no data is available for April 2023, so it is not possible to determine the percent change in rent from April to May. Overall, the rental market for 1-bedroom apartments in Museums appears to be steady.
The rental market for 2-bedroom apartments in Museums, Virginia is expected to remain relatively stable in December 2022, with only one new listing and a slight 0.6% increase in median rent from November 2022 to December 2022. The median rent for a 2-bedroom apartment in December 2022 is estimated to be $1,559. This is a slight increase from the median rent of $1,549 in November 2022. Overall, the rental market for 2-bedroom apartments in Museums, Virginia is expected to remain relatively stable in the near future.