ABODO: Are U.S. Rent Prices Officially Stable?

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National apartment listing site ABODO recently reported that the median nationwide rent price for one-bedroom units in November dropped slightly to $1,019 (down 0.8%) with two-bedroom units coming in again at $1,266 (down .24%).  ABODO uses over 1 million listings across the United States to calculate the median 1-bedroom rent price by city, state, and nation and then track the month-over-month percentage change. To avoid small sample sizes, they restrict their analysis to cities meeting minimum population and property count thresholds.

Click here to read the full report on Abodo.com.

 

 

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Director of Education & Outreach, National Real Estate Investors Association