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

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Bedroom Breakdown in McClellan Park

Studio
$1,035
MEDIAN RENT
1 Bedroom
$1,438
MEDIAN RENT
2 Bedroom
$2,030
MEDIAN RENT

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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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 McClellan Park is $1,520.
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