National apartment listing site ABODO recently reported that the median nationwide rent price for one-bedroom units increased slightly coming in at $1,013 (down 3.15% year-to-date). However, two-bedroom units posted a large gain came in at $1,262, which is $32 higher than July’s number. 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 thr full report on ABODO.com.