Peak Rental Season Comes to an End as the National Average Rent Reaches $1,472

Key takeaways: The national average rent increased by 3.3% ($47) year over year and 0.1% ($2) month over month, reaching $1,472 in August according to data from Yardi Matrix.  97% of cities (253 of 260) saw a seasonal wind-down in August compared to the previous month, 4 cities registered monthly increases of over 1%, while 3 … Continue reading Peak Rental Season Comes to an End as the National Average Rent Reaches $1,472