Rental market snapshot for Woodland Heights, Richmond
Woodland Heights rental market summary
The rental market in Woodland Heights, Virginia is showing signs of growth. In July of 2023, there were 22 new listings, a significant increase from the previous month. The median rent for the area also increased from $1,419 in June to $1,324 in July, a 6.7% decrease. This is a positive sign for potential renters, as it indicates that the rental market is becoming more competitive.
The median rent in Woodland Heights has also increased from $1,459 in July of 2022 to $1,324 in July of 2023, a 9.3% decrease. This is a positive sign for potential renters, as it indicates that the rental market is becoming more affordable. With the increasing number of new listings and decreasing median rent, Woodland Heights is becoming an attractive option for renters looking for a new home.
Median rent for all residential properties in Woodland Heights
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The most expensive listings and top trending buildings in Woodland Heights
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 2000 Riverside Dr | $1,769 | 2 / 1.0 |
| 2000 Riverside Dr | $1,699 | 2 / 1.0 |
| 2000 Riverside Dr | $1,599 | 1 / 1.0 |
| 2000 Riverside Dr | $1,179 | 0 / 1.0 |
| 2000 Riverside Dr | $1,174 | 0 / 1.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Weinstein Properties | $1,599 |
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Bedroom Breakdown in Woodland Heights
Woodland Heights neighborhood apartments rents
The rental market for studios in Woodland Heights, Virginia is showing signs of growth in July 2023, with 6 new studio listings. The median rent for studios in July 2023 is $1,162, which is a 6.6% decrease from the median rent in June 2023 of $1,244. This suggests that the rental market for studios in Woodland Heights is becoming more competitive, with more options available for renters.
The rental market for 1-bedroom apartments in Woodland Heights, Virginia 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 4.1% from June 2023 to July 2023, from $1,536 to $1,599. 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 Woodland Heights, Virginia, is showing signs of stability. In July 2023, there were two new listings, and the median rent for 2-bedroom apartments decreased by 2.0% from June 2023 to July 2023, settling at $1,734. This suggests that the rental market is not experiencing any significant changes in pricing or availability.