Apartment Rents Begin to Lose Steam in July as the Monthly Rate Reaches $1,469

Key takeaways: The national average rent reached $1,469 in July, up by 3.4% ($48) year-over-year, and 0.2% ($3) month-over-month, according to data from Yardi Matrix. 64% of the 260 cities included have rents below the national average, while 36% have average rents above.  The average rent in the country’s most affordable city, Wichita, KS, reached … Continue reading Apartment Rents Begin to Lose Steam in July as the Monthly Rate Reaches $1,469