US Median Housing Rent Jumps To $1,653, Highest Since 2022: ‘Demand From Young Renters Remains High’
Median US asking rent rose 0.8% to $1,653 in May, highest since Oct 2022, reflecting strong demand and limited supply.
Apartment Rents Teeter On Negative Growth As Supply Set To Surge
U.S. apartment rents might set a new trend, with the possibility of year-over-year negative growth rates emerging as early as next month.
Jerome Powell Is Going To Love This: Rents Fell For The First Time Since The Onset Of COVID-19
Amidst the interest rate hike campaign the Federal Reserve embarked on in March 2022, a moment of relief…
Rents Fall As Rapidly As They Rose In Pandemic Hot Spots: Will This Continue In 2023?
Median rent costs in the U.S. are beginning to moderate as high inflation, high interest rates, and low consumer confidence cools demand.
Rental Market Cools: Asking Rents Dip 1.4% Month-Over-Month
Asking rents in the U.S. dipped 1.4% month-over-month, but rose 4.8% year-over-year.
That's the smallest increase in median asking rents since July of 2021, according to data issued Thursday by Redfin Corp (NASDAQ: RDFN).
Rents Are Still Rising, But Not If You Live In One Of These 14 Major US Cities
The housing market in the U.S. received welcome data Tuesday, but the bad news is rents are still on the rise, they’re just rising at a much slower pace.
Wow, Here’s How Many Hours The Average American Must Work To Pay Rent
A popular standard for budgeting rent is to follow the 30% rule, which is spending a maximum of 30% of a gross monthly income on rent.
Not so this year, for most Americans.