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Rental information site Zumper recently released their latest monthly National Rent Report for October, 2024. According to their data, median rent for 1-bedroom apartments was $1534 (up 0.1%) and $1,910 (down 0.1%) for two-bedrooms. Be sure to check out their entire list of the top 100 metro areas.
“As new supply levels across the country peaks at historic highs, our national rent index reflecting stable rates highlights the resilience of rental demand across the U.S…This sustained high demand can be linked to several economic factors, including low unemployment, easing inflation, and continued wage growth” Said Zumper CEO Anthemos Georgiades.
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