Apartment List’s National Rent Report – July ’24

According to Apartment List’s National Rent Report for July 2024, national median rent rose 0.4% to $1,411.  They say rent prices ticked up for the fifth straight month, but rent growth over the course of 2024 as a whole remains modest, signaling ongoing sluggishness in the market.  Indeed…

“At the midpoint of the year, the rental market looks very similar to what we saw in 2023: positive but slow rent growth during what are normally the busiest months.”  Said Igor Popov, Chief Economist for Apartment List.

Click here to read the full report at Apartment List.