Rental information site Zumper recently released their National Rent Report for November that showed another month of mixed results across the country with their index falling for the 3rd straight month. The national average rental rate for one-bedroom units fell 0.9% to $1,126 while the 2-bedroom average fell 0.5% to $1,344. Zumper’s National Rent Report analyzes rental data from over 1 million active listings across the U.S. to calculate median asking rents for the top 100 metro areas by population.
“It certainly seems like many rental markets are slowing down as we head into the winter months where the number of individuals moving cools off with the weather.”
Click here to read the full report on Zumper.com.