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Tag Archives: Rent prices

Rent Prices Continue Their Decline

The median asking rent was down from last month, according to Realtor.com's November 2023 Rental Report, with rental supply outpacing demand in the West and South, causing prices to cool.

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Are Renters Finally Catching a Break?

While a recent apartment construction boom offered U.S. renters more options to choose from, an increasing number of buildings to choose from caused the rental vacancy rate to rise in Q3, according to a new Redfin report.

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U.S. Price Growth Hampered by ‘Below Normal’ Demand

While seasonal price trends typically place downward pressure on rents throughout the fall and winter, it may be no surprise that rents dropped in November, according to a new Rent. report. Asking rents have declined year-over-year in three of the last four months.

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Many Homeowners, Renters Moved in 2019 or Later

Metros where large shares of homeowners have recently moved are more likely to experience significantly higher home price appreciation, according to a new study from LendingTree, while renters are three times more likely to relocate than those who own their homes.

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Rents Step Closer to Affordability in July

U.S. rents were slightly more affordable in July compared to the previous year, according to Realtor.com's latest rental report, which revealed an increase in rental supply is gradually helping drive down overall rent prices nationwide.

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