ABODO: Rents Continue to Fall

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National apartment listing site ABODO recently reported that the median nationwide rent price for one-bedrooms dropped a little over one percentage point to $1,015.  This figure also represents the fourth straight month of declining prices.  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

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