Share of renters paying under $1,000 hits record low, Redfin says

Only 32.1 percent of renter households currently pay less than $1,000 in monthly rent — a sharp decline from 35.2 percent in 2022 and 50.4 percent in 2012, according to an analysis from Redfin released Wednesday. Continue reading

Slowdown in apartment rent expected to continue, CoStar says

Rent dropped for a fourth straight month in November, with all but six of the nation’s top 40 markets reporting flat or declining month-over-month rent. Continue reading