National apartment listing site ABODO recently reported that the median nationwide rent price for one-bedroom units in October was $1,111 with two-bedroom units coming in at $1359. However, despite the slight increases ABODO says the Coronavirus pandemic has brought economic disaster to many small businesses. Indeed…
“Rents aren’t going up because landlords are reticent to raise rents because of the pandemic. People still need a place to live and evictions have been dampened by federal and local regulations and laws. Even if tenants aren’t currently paying, landlords may not be able to evict, and therefore there is not any rent to be raised.”
Click here to read the full report at ABODO.com.
