New rentals are helping slow rent increases in some cities. Is yours one of them?
Annual Change in U.S. Rents* * Includes rentals of single-family homes, condos, co-ops and multi-family dwellings.
Across the country, new apartment buildings are finally opening. It's about time, too.
Over the last several years, the number of apartments built hasn't kept up with the amount of renters. That imbalance pushed rents sky high. While, on the whole, rents are still rising, more apartments on the market means more to choose from and slower rent growth in some cities.