Rental information site Zumper recently released their latest monthly National Rent Report for August, 2024. According to their data, median rent for 1-bedroom apartments was $1,534 (up 1.6%) and $1,915 (up 2.7%) for two-bedrooms. Be sure to check out their entire list of the top 100 metro areas.
“In an era where the amount of new supply is shattering records, it’s remarkable to see vacancy rates holding steady this year…Strong renter retention alongside our growing national rent index underscores the robust demand present in the U.S. market.” Said Zumper CEO Anthemos Georgiades.
Click here to read the full report at Zumper.