Rent growth has returned to the apartment sector for the first time in six months, according to the March 2024 Apartment List National Rent Report.
Staying in line with seasonal tendencies, prices ticked up 0.2 percent last month and today the nationwide median rent stands at $1,377. On a year-over-year basis, rent growth is negative, at -1 percent.
The "slow season" that started in August 2023 was longer and steeper than historical standards, according to Apartment List.
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