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Tag Archives: Rent

Asking Rents Level Off in September

Redfin reports that the median U.S. asking rent in September was little changed from a year earlier for the sixth straight month, with a rise in the number of rentals making it harder for landlords to boost prices.

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Baby Boomers, Millennials Lead the Nation in Solo Renting

A new study from RentCafe revealed renting alone has become an increasingly popular trend, with baby boomers making up the largest population of renters living alone in the U.S. followed by millennials, as the number of solo renters reached a record high of 17.7 million in 2020 and continues to grow.

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Nationwide Construction Boom Expected to Remain High Until 2025

While millions of units are expected to be developed in the coming years, developers are expected to open 460,860 rentals by the end of December. However, a new RentCafe study revealed even that may not be enough to keep up the pace with surging nationwide rental demand as more and more Americans opt for renting over buying.

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Study Reveals Renters’ Most Desired Locations

RentCafe's August Rental Activity Report revealed Arlington, Virginia was named the most sought-after city by renters for the second consecutive month, while New York City boroughs like the Bronx and Queens trailed closely behind.

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Student Housing Continues Strong Rent Growth

A new study from Yardi Matrix revealed student housing posted five consecutive months of annual rent growth of over 7% recorded through June, while new data projects rates to remain solid throughout the 2023-2024 semester.

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