As the Vacancy Rate Rises, Rents Are Poised to Fall
The Pro Builder
MAY 18, 2023
As the Vacancy Rate Rises, Rents Are Poised to Fall ldeakins Thu, 05/18/2023 - 11:27 Fresh rental supply may soon lead to more stable prices across the country, but in a few northeastern metros, the median rent is still rising sharply Rents are growing at the slowest pace since the COVID-19 pandemic, with median prices in the nation's 50 largest cities reaching $1,734 April, down $43 from last year’s peak, according to Realtor.com.
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