According to their Midyear Rental Activity Report, Rentcafe says high home prices and limited housing options are making renting the preferred choice for many aspiring homeowners. Their report checks-in to see which cities received the most attention from renters in the first half of 2024.
Some key findings:
- Renters are adopting a meticulous approach to their apartment search by thoroughly exploring multiple options before making a decision.
- Minneapolis maintains its dominance as the most sought-after city in the first half of the year.
- Atlanta takes third place with Cleveland hot on its heels, while the nation’s capital ranks sixth.
- The West consolidates its status as the most coveted region for renting.
Click here to read the full report at Rentcafe.