Washington, D.C. has continued to top RentCafe’s list of top markets for rental activity in February, retaining the spot it has held for five consecutive months. The ranking is based on online listing browsing and favoriting properties on the marketplace.
The nation’s capital had a 66% increase in favorited listings, indicating that prospective renters are weighing their options very carefully before deciding on an apartment that fits their criteria, according to the report. D.C. remains in high demand for both local renters and apartment hunters from Baltimore, New York City and Boston, said RentCafe.
Cincinnati climbed two spots to rank second on RentCafe’s list. Saved searches dropped by 38% year-over-year, but listings favorited increased by 14%. This suggests apartment hunters are more relaxed about finding their new place, especially since listings climbed 39%. The market attracts apartment seekers from Columbus, Ohio, Chicago, and Finneytown, Ohio.
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