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Median asking rent fell -0.4% in June, with declines seen across all unit sizes amid mixed regional conditions
SANTA CLARA, Calif., July 18, 2024 /PRNewswire/ -- Rents fell again in June, with especially large declines in the South, where there's been an influx of new rental units, according to the Realtor.com®Rental Report released today. The median asking rent for 0-2 bedroom units fell -0.4% ($7) from last June to $1,743, marking the 11th straight month of declines and -0.6% ($11) below i...
>>> Read more: Realtor.com® June Rental Report: Despite Another Month of Declining Rents, U.S. Renters Still Pay $300 More Than Pre-Pandemic
SANTA CLARA, Calif., July 18, 2024 /PRNewswire/ -- Rents fell again in June, with especially large declines in the South, where there's been an influx of new rental units, according to the Realtor.com®Rental Report released today. The median asking rent for 0-2 bedroom units fell -0.4% ($7) from last June to $1,743, marking the 11th straight month of declines and -0.6% ($11) below i...
>>> Read more: Realtor.com® June Rental Report: Despite Another Month of Declining Rents, U.S. Renters Still Pay $300 More Than Pre-Pandemic