Apartment rents were still going up nationwide in 2017, according to a new report by RentCafé. The national average apartment rent in 2017 increased by 2.5 percent year-over-year, reaching $1,359 per month at the end of 2017, according to Rent Cafe, citing Yardi Matrix data. Not only is that up for the year, but considerably higher than before the recession: in December 2007, the national average was just below $1,100.
Read more...Economy Watch: Apartments Rents Falling in Some Major Markets
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