ABODO: National Rents Rising

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National apartment listing site ABODO recently reported that the median nationwide rent price for one-bedroom units in April was $1,063 with two-bedroom units coming in at $1,325.  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.  Be sure to check out their extensive city list.

“As usual, stay tuned since rapid economic changes can translate into a quickly altered national rent picture.”

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

 

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Director of Education & Outreach, National Real Estate Investors Association

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