Good News: Apartment Rents Have Barely Budged In Recent Months

The bad news: They’re still incredibly expensive.

Topics:  news   
BING NEWS:
  • Rents have finally stopped skyrocketing. They’re now stuck at a price most Americans can’t afford.
    Renters should ‘brace themselves for a prolonged affordability crisis until incomes increase,’ housing economist says ...
    04/17/2024 - 5:06 am | View Link
  • Apartment Rents Rise for Third Consecutive Month
    The national median asking rent rose for the third consecutive month in March to 0.8%. It’s a pattern driven by a number of factors, including the rising costs of buying a home, a new Redfin report ...
    04/11/2024 - 10:54 pm | View Link
  • Rent Relief Will Be Brief as Apartment Crunch Looms: Conor Sen
    Rents surged in 2021 and 2022, driving a wave of apartment construction that helped to stabilize or even lower prices this year. But storm clouds already loom on the horizon — new construction has ...
    04/11/2024 - 10:30 pm | View Link
  • Manhattan Rents Tick Down As More Renters Choose The Boroughs
    Rents dipped slightly in Manhattan during March but remained stuck at an elevated level longer term, the latest numbers from Douglas Elliman show.
    04/11/2024 - 8:23 am | View Link
  • L.A. rents are increasing slower than national average – but they’re still unaffordable
    A recent study by Zillow found that the average rent increased by 2.4% last year in the Los Angeles metro area – a rate far lower than some other major cities. But the typical apartment in L.A. clocks ...
    04/10/2024 - 8:24 am | View Link
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