Median Asking Rent Up Just 1.7 Percent—The Smallest Gain Since May 2021
The national median rent rose to $1,937 in February
The national median rent rose to $1,937 in February
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
Nationally, both one- and two-bedroom prices are down—the first time in two years that both markers have declined in tandem
Big tech cities were among the only large markets to post double-digit annual rent gains in September
Climbing mortgage rates drove monthly starter homeownership costs by 29.9 percent higher than rents
With just a 0.7 percent increase from May, it’s the smallest month-over-month gain since the start of the year
Last month’s numbers mark the highest annual and monthly growth rates in at least two years
Analysts expect another unpredictable year ahead for the housing market…
The largest owner of rental houses in the country boosted renewal rates by 8 percent
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