Apartments in Cheval West Village Lutz

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15
$3,086
16885 Suncoast, Unit 3
Odessa, FL
2 BR | Available Now
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Dog Friendly
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2
$2,350
Available Now 3B Home!
19516 Morden Blush Dr Lutz, FL
3 BR | Ask for Availability
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Air Conditioning
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29
$2,350
19516 Morden Blush Dr
Lutz, FL
3 BR | Ask for Availability
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Lutz:
October Rent Report

Welcome to the October 2024 Lutz Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the October 2024 key findings and figures for the Lutz rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Lutz and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Lutz average rent prices in the chart below.

Monthly Rent Report

$2,100
$1,580
$1,050
$530
$0
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
1 BR       2 BR

Lutz Rent Prices Decrease From September to October

Lutz rent prices decreased over the last month. From September to October, the city experienced a -3.71% decrease for the price of a one-bedroom apartment. The rent price for a Lutz one-bedroom apartments currently stands at $1,738.0.

When we take a look at the two-bedroom comparison from September to October, Lutz experienced a 0.16% increase for the price of a two-bedroom apartment. The rent price for a Lutz two-bedroom apartments currently stands at $1,926.0.

October Prices: Lutz vs. Surrounding Areas

Rent Prices in Lutz and Surrounding Areas

Rent prices have decreased in Lutz over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Lutz suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Lutz suburbs

  • Rents did not decrease in any of the Lutz suburbs.

October 2024 Pricing Trends: Lutz vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,189
$3,067
$2,364
$2,363
$1,886
$1,360
$1,243
$1,173
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Lutz Rent Prices More Affordable Than Major Cities

Rent growth in Lutz over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Lutz average rent prices appear to be relatively affordable for local residents.

The price for a Lutz one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Lutz and surrounding area rent prices, take a look at the complete data set below.

Data set for Lutz and suburbs

1 BR October 1 BR M/M % Change 2 BR October 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.