Average multifamily rents in Texas recorded slow changes compared to last month, but the most significant differences are observed when comparing today’s rents to June 2018 and the beginning of 2019. RentCafe’s mid-year rent report recently analyzed the evolution of monthly rents in 260 US cities.
In the top spot, Midland maintains its reign with rents averaging $1,591. However, it is the only city to record a rental cost cooldown compared to June last year, after a decrease of $22.
Read more...Austin Climbs to Second-Largest Rent Spot via GlobeSt