Rental information site Zumper recently released their National Rent Report for February, 2020 showing that the median national rent for 1-bedroom apartment was $1,220 (up 0.3%) and the median two-bedroom rent was $1,464 (up 0.3%). Year to date, one bedroom prices are flat and two bedroom prices are up 0.7%. Zumper analyzes rental data from over 1 million active listings across the United States. Data is aggregated on a monthly basis to calculate median asking rents for the top 100 metro areas by population, providing a comprehensive view of the current state of the market. The report is based on all data available in the month prior to publication…..be sure to check out their entire list of 100 cities.
Trending
- Cities with the Highest Property Crime
- Is New York City’s Housing Crisis so Bad that a Socialist Might Become Mayor?
- Cotality SFRI: Single-Family Rent Continues to Rise
- Self-Directed IRA & 1031 Exchanges: Powerful Tools in a Real Estate Investor’s Arsenal
- Yardi Says Storage Market Advertised Rates Slow in May
- A Third of Baby Boomers Say They’ll Never Sell Their Home
- A Whopping 63% Saw Title Fraud or Deed Theft in the Past Year
- Housing Starts & Building Permits Drop in May