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Realtor.com® June Rental Report: Rent Prices Continue Downward Trend

PR Newswire - Tue Jul 25, 2023

Rent for one-bedroom units saw first year-over-year decline since 2020

SANTA CLARA, Calif., July 25, 2023 /PRNewswire/ -- The Realtor.com^®June Rental Report found that relief for renters continues, as rent prices dropped even further, down 1.0% year over year. While the median asking rent in the 50 largest metros increased to $1,745, up by $7 from last month, it was down $31 from its July 2022 peak.

Read more at prnewswire.com

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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