According to the latest Yardi Matrix, multifamily rentswere flat in September, coming in at $1,314. Nationally, rents were up 2.2% in September, a 10-basis-point decline from August, however for the third quarter they only increased by $1. The Matrix Monthly is comprised of data gleaned from 121 markets covered by Yardi Matrix.
Click here to read the full report at Yardimatrix.com.