The national average multifamily rent rose by $1 in September, up to $1,463 overall, according to the latest Multifamily National Report by Yardi Matrix. Despite initial fears, rents have only risen or fallen by a few dollars each month since the beginning of the COVID-19 pandemic, amounting to an $8 rent decline overall since February.
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Yardi: Rent Growth Falls by 0.3% YOY in September via Multifamily Executive Magazine
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