Rental information site Zumper recently released their latest monthly National Rent Report showing that their median national rent for 1-bedroom apartments in June, 2022 was $1,421 (up .05% from May) and the median two-bedroom rent was $1,707 (down 2.9% from May). Be sure to check out their list of the top 100 metro areas.
“National rent prices typically peak during the summer–which, during “normal” years, is the busiest moving season. But Zumper’s National Index is up just 0.5 percent for one-bedrooms and down a whopping 2.9 percent for two-bedroom apartments–a sign that rent hikes are beginning to slow, and a reminder that the pandemic has upended nearly every economic trend in its path.”
Click here to read the full report at Zumper.