{"id":42757,"date":"2016-05-18T00:44:31","date_gmt":"2016-05-18T07:44:31","guid":{"rendered":"http:\/\/www.rentcafe.com\/blog\/?p=42757"},"modified":"2019-07-16T03:38:02","modified_gmt":"2019-07-16T10:38:02","slug":"apartment-rents-spike-fourth-month-row-employment-growth-plays-big-role","status":"publish","type":"post","link":"https:\/\/www.rentcafe.com\/blog\/rental-market\/apartment-rents-spike-fourth-month-row-employment-growth-plays-big-role\/","title":{"rendered":"Apartment Rents Spike for Fourth Month in a Row; Employment Growth Plays Big Role"},"content":{"rendered":"<p>For the fourth month in a row, national apartment rents have hit an all-time high, this time rising to $1,194 per month across the country. According to the <a href=\"http:\/\/www.yardimatrix.com\/Institutional-Research\" target=\"_blank\" rel=\"noopener\">Yardi Matrix April Report<\/a>, that\u2019s a 1.1 percent jump over <a href=\"https:\/\/www.rentcafe.com\/blog\/rental-market\/apartment-rents-reach-all-time-high-once-again-in-march\/\" target=\"_blank\" rel=\"noopener\">March<\/a> and a 6% increase year-over-year.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-43068\" src=\"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/US-Apartment-Rents-April-2016.jpg\" alt=\"US Apartment Rents April 2016\" width=\"1066\" height=\"418\" srcset=\"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/US-Apartment-Rents-April-2016.jpg 1066w, https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/US-Apartment-Rents-April-2016.jpg?resize=500,196 500w, https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/US-Apartment-Rents-April-2016.jpg?resize=768,301 768w, https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/US-Apartment-Rents-April-2016.jpg?resize=150,59 150w\" sizes=\"auto, (max-width: 1066px) 100vw, 1066px\" \/><\/p>\n<p>Despite these rising costs however, Americans aren\u2019t shying away from renting. In fact, the occupancy rate for stabilized and completed properties was 96% as of February. This high occupancy level remains high even in pricier markets like <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/san-francisco-ca\/\" target=\"_blank\" rel=\"noopener\">San Francisco<\/a>, <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/los-angeles-ca\/\" target=\"_blank\" rel=\"noopener\">Los Angeles<\/a>, <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/sacramento-ca\/\" target=\"_blank\" rel=\"noopener\">Sacramento<\/a>, <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/dallas-tx\/\" target=\"_blank\" rel=\"noopener\">Dallas<\/a>, and <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/seattle-wa\/\" target=\"_blank\" rel=\"noopener\">Seattle<\/a>.<\/p>\n<p>Some other highlights of this month\u2019s Yardi Matrix include:<\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>Rent growth is highest (year over year) on the West Coast, in Portland, Sacramento and Seattle.<\/strong> Southern cities like Tampa, Orlando, Austin, and Phoenix have also seen higher-than-average rent increases.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-43069\" src=\"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/Year-over-year-US-Rent-Growth-April-2016.jpg\" alt=\"Year-over-year US Rent Growth 2016\" width=\"1066\" height=\"418\" srcset=\"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/Year-over-year-US-Rent-Growth-April-2016.jpg 1066w, https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/Year-over-year-US-Rent-Growth-April-2016.jpg?resize=500,196 500w, https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/Year-over-year-US-Rent-Growth-April-2016.jpg?resize=768,301 768w, https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/Year-over-year-US-Rent-Growth-April-2016.jpg?resize=150,59 150w\" sizes=\"auto, (max-width: 1066px) 100vw, 1066px\" \/><\/p>\n<ul>\n<li><strong>Rent growth mirrored job growth in many metros<\/strong>. Nationally, the employment market has seen 200,000-plus jobs created per month for going on six years. Cities like Orlando and Austin, which both saw a 4.2% jump in employment y-o-y, also saw big increases in average rents. Other high-employment growth areas included Dallas, San Jose, and Jacksonville (3.5%).<\/li>\n<li><strong>By year\u2019s end, <a href=\"https:\/\/www.rentcafe.com\/blog\/rental-market\/the-20-markets-with-the-highest-expected-rent-growth-in-2016\/\" target=\"_blank\" rel=\"noopener\">San Francisco is expected to see the biggest rent jumps<\/a>, with an estimate 10.5% increase in rents by the close of 2016<\/strong>. Sacramento, Portland, Dallas, Seattle, and Los Angeles follow close behind.<\/li>\n<\/ul>\n<p>Though national rents average $1,194 a month, every metro area is different. Let\u2019s a take a look at what this rent price can get you in Seattle, Austin and Philadelphia.<\/p>\n<h2><a title=\"Seattle apartments\" href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/seattle-wa\/\" target=\"_blank\" rel=\"noopener\"><strong>Seattle<\/strong><\/a><\/h2>\n<p>Temperate weather and good job growth make Seattle a great place to live. And while the city\u2019s an in-demand place,\u00a0there are still plenty of great, <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/seattle-wa\/cheap\/\" target=\"_blank\" rel=\"noopener\">reasonably-priced properties for rent<\/a> of all shapes and sizes. Take the <a href=\"https:\/\/www.rentcafe.com\/apartments\/wa\/seattle\/monticello-apartment-homes\/default.aspx\" target=\"_blank\" rel=\"noopener\">Monticello Apartment Homes<\/a> for example. For $1,030 a month, you can get a 1 bedroom, 1 bath right in the heart of <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/central-seattle-seattle-wa\/\" target=\"_blank\" rel=\"noopener\">central Seattle<\/a>. Just minutes from shopping, dining, entertainment and public transport, it\u2019s the perfect spot for a young professional making their way in the world. Need more space? Venture outside the city limits a bit to <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/bitter-lake-seattle-wa\/\" target=\"_blank\" rel=\"noopener\">Bitter Lake<\/a>, where you\u2019ll find roomy two bedrooms for $1,015 at <a href=\"https:\/\/www.rentcafe.com\/apartments\/wa\/seattle\/tressa\/default.aspx\" target=\"_blank\" rel=\"noopener\">Tressa.<\/a><\/p>\n<div id=\"attachment_43117\" style=\"width: 710px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-43117\" class=\"size-full wp-image-43117\" src=\"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/1-Bedroom-Apartment-Kitchen-at-Monticello-Apartment-Homes-in-Seattle.jpg\" alt=\"Monticello Apartment Homes in Seattle\" width=\"700\" height=\"466\" srcset=\"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/1-Bedroom-Apartment-Kitchen-at-Monticello-Apartment-Homes-in-Seattle.jpg 700w, https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/1-Bedroom-Apartment-Kitchen-at-Monticello-Apartment-Homes-in-Seattle.jpg?resize=500,333 500w, https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/1-Bedroom-Apartment-Kitchen-at-Monticello-Apartment-Homes-in-Seattle.jpg?resize=150,100 150w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><p id=\"caption-attachment-43117\" class=\"wp-caption-text\">Monticello Apartment Homes in Seattle&#8217;s Yesler Terrace neighborhood<\/p><\/div>\n<h2><a title=\"Austin apartments\" href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/austin-tx\/\" target=\"_blank\" rel=\"noopener\"><strong>Austin<\/strong><\/a><\/h2>\n<p>Youthful and full of opportunity, it\u2019s no wonder people are flocking to the Lone Star State\u2019s capital city. And fortunately, there are plenty of properties to go around. For a more residential feel, look to <a href=\"https:\/\/www.rentcafe.com\/apartments\/tx\/austin\/the-ridge-at-barton-creek\/default.aspx\" target=\"_blank\" rel=\"noopener\">The Ridge at Barton Creek<\/a>, a Barton Hills community located just outside <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/downtown-austin-austin-tx\/\" target=\"_blank\" rel=\"noopener\">downtown<\/a>. A little over $1,100 a month can get you a 2 bedroom, 1 bath with nearly 800 square feet. Want to be closer to the action of the big city? Try central Austin\u2019s <a href=\"https:\/\/www.rentcafe.com\/apartments\/tx\/austin\/park-at-crestview\/default.aspx\">Park at Crestview<\/a>, where $1,230 can get you a 3-bedroom, 2-bath place. If you are looking for cheaper options, check out our selection of <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/austin-tx\/cheap\/\" target=\"_blank\" rel=\"noopener\">low-priced apartments available in Austin<\/a>.<\/p>\n<div id=\"attachment_43120\" style=\"width: 710px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-43120\" class=\"size-full wp-image-43120\" src=\"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/The-Ridge-at-Barton-Creek-Apartments-in-Austin.jpg\" alt=\"The Ridge at Barton Creek Apartments in Austin\" width=\"700\" height=\"466\" srcset=\"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/The-Ridge-at-Barton-Creek-Apartments-in-Austin.jpg 700w, https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/The-Ridge-at-Barton-Creek-Apartments-in-Austin.jpg?resize=500,333 500w, https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/The-Ridge-at-Barton-Creek-Apartments-in-Austin.jpg?resize=150,100 150w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><p id=\"caption-attachment-43120\" class=\"wp-caption-text\">Pool at The Ridge at Barton Creek Apartments in <a href=\"https:\/\/www.rentcafe.com\/apartments\/tx\/austin\/the-ridge-at-barton-creek\/default.aspx\" target=\"_blank\" rel=\"noopener\">Barton Hills<\/a> &#8211; rated the best in Austin!<\/p><\/div>\n<div id=\"attachment_43118\" style=\"width: 710px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-43118\" class=\"wp-image-43118 size-full\" src=\"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/Park-at-Crestview-Apartments-in-Austin.jpg\" alt=\"Park at Crestview Apartments in Austin\" width=\"700\" height=\"467\" srcset=\"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/Park-at-Crestview-Apartments-in-Austin.jpg 700w, https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/Park-at-Crestview-Apartments-in-Austin.jpg?resize=500,334 500w, https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/Park-at-Crestview-Apartments-in-Austin.jpg?resize=150,100 150w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><p id=\"caption-attachment-43118\" class=\"wp-caption-text\">Located 8 miles from downtown in <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/wooten-austin-tx\/\" target=\"_blank\" rel=\"noopener\">Wooten<\/a>, Park at Crestview features free covered parking, new appliances, 2 swimming pools, and more.<\/p><\/div>\n<h2><a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/philadelphia-pa\/\" target=\"_blank\" rel=\"noopener\"><strong>Philadelphia<\/strong><\/a><\/h2>\n<p>Want to be near history, culture, and constant entertainment? Philadelphia could be the place for you. For access to the city\u2019s best museums and cultural attractions, try the <a href=\"https:\/\/www.rentcafe.com\/apartments\/pa\/philadelphia\/roosevelt-1\/default.aspx\" target=\"_blank\" rel=\"noopener\">Roosevelt<\/a>, where $1,095 a month can get you a 1 bedroom, 1 bath studio apartment in the heart of the city. Need more room to spread out? <a href=\"https:\/\/www.rentcafe.com\/apartments\/pa\/philadelphia\/spring-garden\/default.aspx\" target=\"_blank\" rel=\"noopener\">Spring Garden<\/a> in Lower North Philly may be a better option. A 2 bedroom, 1 bath will run you just $1,116. Find even <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/philadelphia-pa\/cheap\/\" target=\"_blank\" rel=\"noopener\">cheaper rental options here<\/a>!<\/p>\n<div id=\"attachment_43119\" style=\"width: 710px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-43119\" class=\"wp-image-43119 size-full\" src=\"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/Roosevelt-Apartments-in-Philadelphia.jpg\" alt=\"Roosevelt Apartments in Philadelphia\" width=\"700\" height=\"466\" srcset=\"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/Roosevelt-Apartments-in-Philadelphia.jpg 700w, https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/Roosevelt-Apartments-in-Philadelphia.jpg?resize=500,333 500w, https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/Roosevelt-Apartments-in-Philadelphia.jpg?resize=150,100 150w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><p id=\"caption-attachment-43119\" class=\"wp-caption-text\">Located in the heart of <a href=\"https:\/\/www.rentcafe.com\/apartments-for-rent\/center-city-philadelphia-philadelphia-pa\/\" target=\"_blank\" rel=\"noopener\">Center City Philadelphia<\/a>, Roosevelt ranks high on convenience with amenities such as on-site laundry, bike storage, pet-friendly policies, and secure-entry.<\/p><\/div>\n<p>To learn more about these properties and other rental apartments for all tastes and budgets, visit <a href=\"https:\/\/www.rentcafe.com\/\" target=\"_blank\" rel=\"noopener\">RentCafe.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>For the fourth month in a row, national apartment rents have hit an all-time high, this time rising to $1,194 per month across the country. According to the Yardi Matrix April Report, that\u2019s a 1.1 percent jump over March and a 6% increase year-over-year. Despite these rising costs however, Americans aren\u2019t shying away from renting.&hellip;<\/p>\n","protected":false},"author":39,"featured_media":43067,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3663,3659,3664],"tags":[],"class_list":["post-42757","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-apartment-search-2","category-rental-market","category-tips-tricks-renters","gallery-content-unit"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Apartment Rents Spike for Fourth Month in a Row; Employment Growth Plays Big Role<\/title>\n<meta name=\"description\" content=\"National apartment rents have hit an all-time high, this time rising to $1,194 per month across the country. But as you&#039;d expect, every metro area is different. Join us as we take a closer look at what this rent price can get you in some of the country&#039;s hottest markets.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rentcafe.com\/blog\/rental-market\/apartment-rents-spike-fourth-month-row-employment-growth-plays-big-role\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Apartment Rents Spike for Fourth Month in a Row; Employment Growth Plays Big Role\" \/>\n<meta property=\"og:description\" content=\"National apartment rents have hit an all-time high, this time rising to $1,194 per month across the country. But as you&#039;d expect, every metro area is different. Join us as we take a closer look at what this rent price can get you in some of the country&#039;s hottest markets.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.rentcafe.com\/blog\/rental-market\/apartment-rents-spike-fourth-month-row-employment-growth-plays-big-role\/\" \/>\n<meta property=\"og:site_name\" content=\"RentCafe rental blog\" \/>\n<meta property=\"article:published_time\" content=\"2016-05-18T07:44:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-07-16T10:38:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/Park-at-Crestview-apartments-in-Austin-TX.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"511\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Amalia Otet\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Amalia Otet\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.rentcafe.com\/blog\/rental-market\/apartment-rents-spike-fourth-month-row-employment-growth-plays-big-role\/\",\"url\":\"https:\/\/www.rentcafe.com\/blog\/rental-market\/apartment-rents-spike-fourth-month-row-employment-growth-plays-big-role\/\",\"name\":\"Apartment Rents Spike for Fourth Month in a Row; Employment Growth Plays Big Role\",\"isPartOf\":{\"@id\":\"https:\/\/www.rentcafe.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.rentcafe.com\/blog\/rental-market\/apartment-rents-spike-fourth-month-row-employment-growth-plays-big-role\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.rentcafe.com\/blog\/rental-market\/apartment-rents-spike-fourth-month-row-employment-growth-plays-big-role\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/Park-at-Crestview-apartments-in-Austin-TX.jpg\",\"datePublished\":\"2016-05-18T07:44:31+00:00\",\"dateModified\":\"2019-07-16T10:38:02+00:00\",\"author\":{\"@id\":\"https:\/\/www.rentcafe.com\/blog\/#\/schema\/person\/9f6a1043b1429cf8ff129c75614caa73\"},\"description\":\"National apartment rents have hit an all-time high, this time rising to $1,194 per month across the country. But as you'd expect, every metro area is different. Join us as we take a closer look at what this rent price can get you in some of the country's hottest markets.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.rentcafe.com\/blog\/rental-market\/apartment-rents-spike-fourth-month-row-employment-growth-plays-big-role\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.rentcafe.com\/blog\/rental-market\/apartment-rents-spike-fourth-month-row-employment-growth-plays-big-role\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.rentcafe.com\/blog\/rental-market\/apartment-rents-spike-fourth-month-row-employment-growth-plays-big-role\/#primaryimage\",\"url\":\"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/Park-at-Crestview-apartments-in-Austin-TX.jpg\",\"contentUrl\":\"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/Park-at-Crestview-apartments-in-Austin-TX.jpg\",\"width\":1000,\"height\":511,\"caption\":\"Austin Skyline\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.rentcafe.com\/blog\/rental-market\/apartment-rents-spike-fourth-month-row-employment-growth-plays-big-role\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.rentcafe.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Apartment Rents Spike for Fourth Month in a Row; Employment Growth Plays Big Role\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.rentcafe.com\/blog\/#website\",\"url\":\"https:\/\/www.rentcafe.com\/blog\/\",\"name\":\"RentCafe rental blog\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.rentcafe.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.rentcafe.com\/blog\/#\/schema\/person\/9f6a1043b1429cf8ff129c75614caa73\",\"name\":\"Amalia Otet\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.rentcafe.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2023\/12\/Default_profile_pic.png?w=96\",\"contentUrl\":\"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2023\/12\/Default_profile_pic.png?w=96\",\"caption\":\"Amalia Otet\"},\"description\":\"Amalia Otet leads publishing and content for Yardi products, where she turns real estate data and market trends into stories that inform and inspire. Outside of work, Amalia strives to live beautifully - one green step at a time.\",\"sameAs\":[\"Macchiato\"],\"url\":\"https:\/\/www.rentcafe.com\/blog\/author\/amaliaotet\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Apartment Rents Spike for Fourth Month in a Row; Employment Growth Plays Big Role","description":"National apartment rents have hit an all-time high, this time rising to $1,194 per month across the country. But as you'd expect, every metro area is different. Join us as we take a closer look at what this rent price can get you in some of the country's hottest markets.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.rentcafe.com\/blog\/rental-market\/apartment-rents-spike-fourth-month-row-employment-growth-plays-big-role\/","og_locale":"en_US","og_type":"article","og_title":"Apartment Rents Spike for Fourth Month in a Row; Employment Growth Plays Big Role","og_description":"National apartment rents have hit an all-time high, this time rising to $1,194 per month across the country. But as you'd expect, every metro area is different. Join us as we take a closer look at what this rent price can get you in some of the country's hottest markets.","og_url":"https:\/\/www.rentcafe.com\/blog\/rental-market\/apartment-rents-spike-fourth-month-row-employment-growth-plays-big-role\/","og_site_name":"RentCafe rental blog","article_published_time":"2016-05-18T07:44:31+00:00","article_modified_time":"2019-07-16T10:38:02+00:00","og_image":[{"width":1000,"height":511,"url":"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/Park-at-Crestview-apartments-in-Austin-TX.jpg","type":"image\/jpeg"}],"author":"Amalia Otet","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Amalia Otet","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.rentcafe.com\/blog\/rental-market\/apartment-rents-spike-fourth-month-row-employment-growth-plays-big-role\/","url":"https:\/\/www.rentcafe.com\/blog\/rental-market\/apartment-rents-spike-fourth-month-row-employment-growth-plays-big-role\/","name":"Apartment Rents Spike for Fourth Month in a Row; Employment Growth Plays Big Role","isPartOf":{"@id":"https:\/\/www.rentcafe.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.rentcafe.com\/blog\/rental-market\/apartment-rents-spike-fourth-month-row-employment-growth-plays-big-role\/#primaryimage"},"image":{"@id":"https:\/\/www.rentcafe.com\/blog\/rental-market\/apartment-rents-spike-fourth-month-row-employment-growth-plays-big-role\/#primaryimage"},"thumbnailUrl":"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/Park-at-Crestview-apartments-in-Austin-TX.jpg","datePublished":"2016-05-18T07:44:31+00:00","dateModified":"2019-07-16T10:38:02+00:00","author":{"@id":"https:\/\/www.rentcafe.com\/blog\/#\/schema\/person\/9f6a1043b1429cf8ff129c75614caa73"},"description":"National apartment rents have hit an all-time high, this time rising to $1,194 per month across the country. But as you'd expect, every metro area is different. Join us as we take a closer look at what this rent price can get you in some of the country's hottest markets.","breadcrumb":{"@id":"https:\/\/www.rentcafe.com\/blog\/rental-market\/apartment-rents-spike-fourth-month-row-employment-growth-plays-big-role\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.rentcafe.com\/blog\/rental-market\/apartment-rents-spike-fourth-month-row-employment-growth-plays-big-role\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.rentcafe.com\/blog\/rental-market\/apartment-rents-spike-fourth-month-row-employment-growth-plays-big-role\/#primaryimage","url":"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/Park-at-Crestview-apartments-in-Austin-TX.jpg","contentUrl":"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/Park-at-Crestview-apartments-in-Austin-TX.jpg","width":1000,"height":511,"caption":"Austin Skyline"},{"@type":"BreadcrumbList","@id":"https:\/\/www.rentcafe.com\/blog\/rental-market\/apartment-rents-spike-fourth-month-row-employment-growth-plays-big-role\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.rentcafe.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Apartment Rents Spike for Fourth Month in a Row; Employment Growth Plays Big Role"}]},{"@type":"WebSite","@id":"https:\/\/www.rentcafe.com\/blog\/#website","url":"https:\/\/www.rentcafe.com\/blog\/","name":"RentCafe rental blog","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.rentcafe.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.rentcafe.com\/blog\/#\/schema\/person\/9f6a1043b1429cf8ff129c75614caa73","name":"Amalia Otet","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.rentcafe.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2023\/12\/Default_profile_pic.png?w=96","contentUrl":"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2023\/12\/Default_profile_pic.png?w=96","caption":"Amalia Otet"},"description":"Amalia Otet leads publishing and content for Yardi products, where she turns real estate data and market trends into stories that inform and inspire. Outside of work, Amalia strives to live beautifully - one green step at a time.","sameAs":["Macchiato"],"url":"https:\/\/www.rentcafe.com\/blog\/author\/amaliaotet\/"}]}},"jetpack_featured_media_url":"https:\/\/www.rentcafe.com\/blog\/wp-content\/uploads\/sites\/62\/2016\/05\/Park-at-Crestview-apartments-in-Austin-TX.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.rentcafe.com\/blog\/wp-json\/wp\/v2\/posts\/42757","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rentcafe.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rentcafe.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rentcafe.com\/blog\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rentcafe.com\/blog\/wp-json\/wp\/v2\/comments?post=42757"}],"version-history":[{"count":10,"href":"https:\/\/www.rentcafe.com\/blog\/wp-json\/wp\/v2\/posts\/42757\/revisions"}],"predecessor-version":[{"id":82870,"href":"https:\/\/www.rentcafe.com\/blog\/wp-json\/wp\/v2\/posts\/42757\/revisions\/82870"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rentcafe.com\/blog\/wp-json\/wp\/v2\/media\/43067"}],"wp:attachment":[{"href":"https:\/\/www.rentcafe.com\/blog\/wp-json\/wp\/v2\/media?parent=42757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rentcafe.com\/blog\/wp-json\/wp\/v2\/categories?post=42757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rentcafe.com\/blog\/wp-json\/wp\/v2\/tags?post=42757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}