BY BRAD BECKETT ON NOVEMBER 2, 2020
Rental information site Zumper recently released their National Rent Report for November, 2020 showing that their median national rent for 1-bedroom apartment was $1,225 (down 0.5%) and the median two-bedroom rent was $1,483 (down 0.4%). Click here to read more.
Year to date, rent for one-bedrooms was flat while two-bedroom rent was up 0.3%. Zumper says 13 out of 100 cities tracked in their report had record-breaking yearly decreases in 1-bedroom median rent last month. Indeed…
“While decreases in large rental markets have not stopped, there is some indication the decreases have slowed. However, decreases will likely continue in some markets and there will likely be more records set next month.”
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