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Rents for studio units saw their first year-over-year decline since 2020
SANTA CLARA, Calif., Aug. 21, 2023 /PRNewswire/ -- The Realtor.com® July Rental Report revealed a third consecutive month of better news for renters in many parts of the country, with a continued decline in year-over-year rent prices for 0-2 bedroom properties, down -1.0% from July 2022, driven in part by a rising rental supply.
The median asking rent in the 50 largest metros increased $15 to $1,759 from June to July 2...
>>> Read more: Realtor.com® July Rental Report: A Rising Number of Rentals Drives Down Rent Prices for Third Straight Month
SANTA CLARA, Calif., Aug. 21, 2023 /PRNewswire/ -- The Realtor.com® July Rental Report revealed a third consecutive month of better news for renters in many parts of the country, with a continued decline in year-over-year rent prices for 0-2 bedroom properties, down -1.0% from July 2022, driven in part by a rising rental supply.
The median asking rent in the 50 largest metros increased $15 to $1,759 from June to July 2...
>>> Read more: Realtor.com® July Rental Report: A Rising Number of Rentals Drives Down Rent Prices for Third Straight Month
