Rentable Says May Rent Prices on the Rise
Rentable says that the median nationwide rent price for one-bedroom units in April was $ 1,131 (up 0.62%) with two-bedroom units coming in at $ 1387 (up 0.36%). Be sure to check out their full data set of U.S. cities.
“The current economic scenario looks a little iffy to us, however, and when we see the inevitable crash, apartment rental price increases may come to a quick halt. For now, though, we look for near-term apartment rental prices to trudge upward…”