Rental market snapshot for McClellan Park, Madison
McClellan Park rental market summary
The rental market in McClellan Park, Wisconsin is showing signs of stability. In July 2023, there were 25 new listings, indicating that the market is still active. The median rent in July 2023 was $1,520, a slight increase of 4.7% from June 2023. This is a sign that the market is slowly recovering from the pandemic. When compared to July 2022, the median rent has only increased by 1.3%, indicating that the market is not experiencing any significant inflation.
Overall, the rental market in McClellan Park, Wisconsin is stable and shows signs of recovery. The number of new listings is increasing, and the median rent is slowly increasing as well. This indicates that the market is slowly recovering from the pandemic and is not experiencing any significant inflation.
Median rent for all residential properties in McClellan Park
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The most expensive listings and top trending buildings in McClellan Park
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
6005 Ragan St | $3,000 | 4 / 3.0 |
6410 Driscoll Dr | $2,800 | 3 / 2.5 |
818 N Star Dr | $2,040 | 2 / 2.0 |
818 N Star Dr | $2,020 | 2 / 2.0 |
5850 Charon Ln | $1,695 | 1 / 1.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Forward Management Inc. | $1,501 |
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Bedroom Breakdown in McClellan Park
McClellan Park neighborhood apartments rents
The rental market for studios in McClellan Park, Wisconsin is expected to remain relatively stable in June 2023, with only one new studio listing. The median rent for studios in June 2023 is estimated to be $1,035, which is a 12.3% decrease from the median rent in April 2023 of $1,180. This suggests that the rental market for studios in McClellan Park is likely to remain steady in the near future.
The rental market for 1-bedroom apartments in McClellan Park, Wisconsin is showing signs of stability. In July 2023, there were 8 new 1-bedroom listings, and the median rent for 1-bedroom apartments decreased by 3.2% from June 2023 to July 2023, from $1,485 to $1,438. This suggests that the rental market is not experiencing any significant changes in pricing or availability.
The rental market for 2-bedroom apartments in McClellan Park, Wisconsin is showing signs of growth. In July 2023, there were two 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 $2,030, which is an 11.2% increase from the median rent in May 2023 of $1,825. This suggests that the rental market for 2-bedroom apartments in McClellan Park is becoming more competitive, and renters should expect to pay more for these types of apartments in the future.
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