Seasonal Demand Pushes Up Apartment Rents in July in 88 Percent of Cities

Key takeaways: The national average rent reached an all-time high of $1,409 in July 2018, up by 2.8 percent ($39) year over year, and by 0.2 percent ($3) month over month, according to Yardi Matrix data. Rents increased in 88 percent of the nation’s biggest 252 cities in July (including newly added Queens, NY and […]

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from theokbrowne digest https://www.rentcafe.com/blog/rental-market/apartment-rent-report/rentcafe-apartment-market-report-july-2018/