Asking Rents Climbed 2 Percent In February—Biggest Gain In More Than A Year
The Northeast and Midwest were the biggest gainers, with asking rents rising roughly 5 percent from a year earlier
The Northeast and Midwest were the biggest gainers, with asking rents rising roughly 5 percent from a year earlier
Per Redfin, rents dropped in the South and the West, but continued climbing in the Midwest and Northeast
Nationwide, rents declined 1 percent from a year earlier in May—the largest drop since 2020
Nationwide, the typical home costs an estimated 25 percent more per month to own than rent
The median asking rent fell 0.4 percent in March to the lowest level in 13 months
In San Jose, where minimum wage is $17, 3.4 minimum wage jobs would be needed for a typical two bedroom
Typical asking rents at the national level now stand at $1,981, still 7.4 percent more than this time last year
None of the top 40 largest markets saw their year-over-year asking rents expand in the month of November
The median rent in the top 50 U.S. metros in October was $1,734, down $25 from September and $47 from ...
Nationally, both one- and two-bedroom prices are down—the first time in two years that both markers have declined in tandem
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