2023 Rent Rates Increase After 5 Month Decline
Home prices fell for the first time in 11 years
Rents increase MoM for the first time in 5 months
Rentals expected to see an increase in vacancy
šĀ Rent prices finally increase after 5 months of MoM decline.Ā The Apartment List rent index reported an increase by 0.3% in February. This increase resembles the typical price changes seen in pre-pandemic years.
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Over the last month, 62 of the nationās 100 largest cities saw an increase in rent. Of these cities, Boston experienced the nation's fastest growth this month at 1.5%!Ā Ā




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Finding and Selecting the Best Tenant
For a $2,000 monthly rental:
1. You lose $1,000 if you have your rental on the market for 15 additional days.
2. You lose $1,000+ for evictions.
Learn how to quickly find and select a qualified tenant while following the law.