Rental information site Zumper recently released their latest monthly National Rent Report showing that their median national rent for 1-bedroom apartments in October, 2022 was $1,491 (down 0.8% from September) and the median two-bedroom rent was $1,832 (up 0.7% from September). Be sure to check out their list of the top 100 metro areas.
“This reversal of widespread price hikes is fueled by several factors, including rising vacancy rates in some markets, a return to more typical seasonal moving patterns and, above all, fear of recession…”
Click here to read the full report at Zumper.
