According to Apartment List’s National Rent Report for June 2024, national median rent rose 0.5% to $1,404. They say this is typically the time of year when rent growth is accelerating amid the busy moving season, so sluggish growth this month indicates that the market is headed for another slow summer. Indeed…
“Since the second half of 2022, seasonal declines have been steeper than usual and seasonal increases have been more mild. As a result, apartments are on average slightly cheaper today than they were one year ago. “
Click here to read the full report at Apartment List.
