ABODO’s National Rent Report for March

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National apartment listing site ABODO recently reported that the median nationwide rent price for one-bedrooms dropped slightly to $1,038.  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.

Looking back to 2017 rent trends, one-bedroom rents followed the same downward slope in the first three months of the year, before picking up in April as temperatures — and the market — heat up.

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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