Rental information site Zumper recently released their latest monthly National Rent Report for April, 2023. According to their data, rent for 1-bedroom apartments was $1,495 same as March) and the median two-bedroom rent was $1,842 (up 0.5% from March). Zumper says April marks the sixth month in a row of modest month-over-month changes in national rent prices.. Be sure to check out their list of the top 100 metro areas.
“…economic uncertainty and high interest rates mean competition for rentals remains high. On the opposite side of that coin is the record number of new rentals coming to market across much of the country—not enough to solve the housing shortage completely, but enough to help prices remain relatively stable.”
Click here to read the full report at Zumper.
