September 2024 Rental Report: Median Asking Rent Continue to Decline

September 2024 Rental Report: Median Asking Rent Continue to Decline

Highlights – September 2024 marks the fourteenth month of year-over-year rent decline in a row for 0-2 bedroom properties observed since trend data began in 2020. Asking rents dipped by $8 or -0.5% year-over-year. – The median asking rent in the 50 largest metros registered at $1,743, down by $10 from last month and $17
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