Boston Real Estate Investors Association

Zumper’s National Rent Report for June ’21

Zumper’s National Rent Report for June ’21

Rental information site Zumper recently released their monthly National Rent Report showing that their median national rent for 1-bedroom apartments was $ 1,254 and the median two-bedroom rent was $ 1,544.  Compared to this time last year these figures are up 3% and 4.8%, respectively.  Be sure to check out their list of the top 100 metro areas.

“The COVID-19 pandemic has caused one of the largest waves of migration in recent memory. Expensive coastal markets have seen precipitous rent drops as high-income earners eluded strict lockdown orders, while smaller cities not often thought of as destinations experienced population booms that drove up rents.”

zumper national rent growth 6-21

Click here to read the full report at Zumper.

 

The post Zumper’s National Rent Report for June ’21 appeared first on Real Estate Investing Today.

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