Rental information site Zumper recently released their latest monthly National Rent Report showing more than half the cities on their list posted month-over-month decreases in median one-bedroom rent – which they say is a signal that prices are slowly beginning to moderate. However, they do infer that for buyers higher interest rates, low supply and an uncertain economy, is creating more competition and higher prices for rentals. Be sure to check out their list of the top 100 metro areas.
Click here to read the full report at Zumper.