Renters in Jacksonville saw apartment listing prices increase 4% from last year’s median of $1,495, an analysis of new data from rental marketplace Zumper shows.
The typical apartment listed for rent at $1,560 in September. Median listing prices in Jacksonville are trending slightly downwards from last month’s $1,595 price.
The data covers all bedroom sizes, ranging from studios to four-bedroom units, within the specified metropolitan area. It reflects the median rent for all listings that were active at any given point during the month, according to Russell Middleton, co-founder of Zumper. New construction is included in the data and listings that are currently occupied or no longer available are excluded.
Out of 5,016 rental listings in Jacksonville, 10 are subsidized. When those are excluded, the overall median rent for listed apartments goes to $1,560.
One-bedroom apartments listed to rent at a median of $1,180, slightly higher than August, when they were $1,160Since last year, one-bedroom rental prices slightly dropped from $1,210.
Two-bedroom apartments listed for rent were basically flat to August at a central price of $1,390, compared to $1,400. Since last year, two-bedroom rental prices slightly dropped from $1,450.
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Statewide, Florida rental listing prices are unchanged since August’s median of $2,300. One-bedroom rentals were listed for a typical price of $1,750, the same as August. Two-bedroom rental listing prices are steady to August’s central price of $2,200.
In Jacksonville, the typical apartment listed for rent is 32% below the state median. One-bedroom rentals were 33% below the state median, while two-bedrooms listed 37% below.
Nationwide, apartment rental listing prices slightly decreased from last month’s $1,925 to $1,900. One-bedroom rentals across the nation listed for a typical price of $1,550, nearly the same as last month, while two-bedroom rental listing prices approximately the same as last month’s median of $1,831.
In Jacksonville, the typical apartment listed for rent is 18% below the national median. One-bedroom apartment rentals listed 24% below the national median, with two-bedroom rentals listed 24% below.
The median apartment rental prices used in this report are gathered from Zumper, which aggregates over one million active listings posted by brokers and landlords to Zumper’s Landlord Platform and third-party listings from MLS providers to calculate median asking rents. Read more about their rent estimate methodology here.
The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Zumper . Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu. Our News Automation and AI team would like to hear from you. Take this survey and share your thoughts with us.
This article originally appeared on Florida Times-Union: Jacksonville apartment rent prices increase in September ove