National Rent Prices Drop Again; Southern Metros Experiencing Greatest Savings

In April, median rent prices dropped yet again nationwide, down 0.7% for most properties, with three major metros—namely, Austin, Texas; Las Vegas, Nevada; and San Francisco, California—seeing prices fall compared to each city’s individual peak, according to the latest Realtor.com® rental report. In contrast, rent in Indianapolis, Milwaukee and Minneapolis reached new highs. “In the…

The post National Rent Prices Drop Again; Southern Metros Experiencing Greatest Savings appeared first on RISMedia.

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