Asking Rent Prices Appear To Be Decreasing
The median asking rent in November declined 2.1% from a year before to $1,967. This marks the biggest annual drop since February 2020.
Rent prices appeared to drop in recent months. The median asking rent in November declined 2.1% from a year before to $1,967. This marks the biggest annual drop since February 2020. Asking rent was also down 0.6% from October. This study reviews the median asking price of apartments that were available for new renters during the report month, not the…