U.S. Asking Rents Rose 0.4% in February—A Small Increase, But the First in 6 Months

Landlords may have more leeway to raise rents next year because apartment construction is slowing, which could eventually lead to more renters than vacant units. The median U.S. asking rent rose 0.4% year over year to $1,607 in February. While that’s a small gain, it’s the first increase in six months and the biggest in … Continue reading U.S. Asking Rents Rose 0.4% in February—A Small Increase, But the First in 6 Months