24016 rental market

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Last updated August 11, 2025

Rental market summary

The average rent for 1 bedroom properties in 24016 is $875.

Average rent

$875

Month-over-month change

-$100

Year-over-year change

-$20

Available rentals

33

Source: Zillow Rentals data

Rental price range

The price range for 1 bedroom properties is $749 to $2,000.

Rent frequencies
Rent priceNumber of rental properties
$70012
$8008
$9004
$1,0003
$1,1005
$1,2003
$1,3001
$1,9001
$2,000+1

Average rent price over time

In the last year, rent has decreased by $20 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$850$900
Feb$850$900
Mar$850$1,045
Apr$980$1,050
May$1,000$1,045
Jun$1,095$1,075
Jul$1,045$999
Aug$895$906
Sep$875No data
Oct$925No data
Nov$795No data
Dec$895No data

Market temperature

The 24016 rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 24016 is 45% lower than the national average.

24016vs.

$875

$1,592

Rent in 24016

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Frequently asked questions

1. What is the average rent in 24016?

The average rent in 24016 is $1,150.

2. How much does it cost to rent a house in 24016?

Houses in 24016 rent between $650 - $2,700 with an average rent of $1,150.

3. How has the rent in 24016 changed in the last year?

In the last year, the rent in 24016 increased by $73

4. How much has the rent in 24016 increased/decreased in the last month?

In the last month, the rent in 24016 decreased by $150

5. How many available rentals are there in 24016?

There are currently 71 rentals available in 24016.

6. How do rent prices in 24016 compare with the national average?

The average rent in 24016 is $1,150 — Infinity% higher the national average of $0.