ABODO Says Rents Continue to Slide

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National apartment listing site ABODO recently reported that the median nationwide rent price for one-bedroom units were down 3.9% year-to-date, coming in at $1,005.  Two-bedroom units came in at $1,220, which is down 2.7% year-to-date.  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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