Items Tagged with 'rent prices'

ARTICLES

  • Alexandria Ocasio-Cortez struggles to afford rent, like most Millennials

    Millennials spend more than 45% of their income on rent before age 30
    Nationwide, renters are struggling to navigate affordability, especially Millennials who on average spend more than 45% of their income on rent before the age of 30. So, it shouldn’t be surprising when a Millennial voices concern about rental affordability, right? But what if that Millennial is a newly elected member of the House of Representatives?
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  • Are rent prices cooling off?

    New rental price report from Abodo shows slowing growth
    During the last year, rental prices have been reaching all-time highs, but will they slow down? A new rent price report from apartment search site Abodo says that rental rates nationwide are stabilizing.
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  • Here are 5 reasons the Millennial homeownership rate is low

    Urban Institute breaks down the data
    For years, several factors have been tossed around such as high home prices, fear over the last housing crisis, delays in family formation and even student loans as reasons why the younger generation is holding out. But now, the Urban Institute released a study that shows the actual data behind these factors, revealing what is really holding Millennials back from homeownership.
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  • Rent just jumped to an all-time high

    New report shows nationwide rent crosses $1,400
    We’ve known that the rent may be too damn high for quite a while now, but a new report shows that rent has never been this high before. Newly released data from RentCafé and Yardi Matrix shows that nationwide apartment rents just hit an all-time high in June, crossing the $1,400 threshold for the first time ever.
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  • RealPage: Rent growth continues slow slide, but multifamily remains healthy

    Large delivery numbers are slowing rent growth, but strong demand is keeping occupancy up
    Rents are increasing at the slowest rate in eight years, according to a report from RealPage. Though the run of annual growth has reached a record 32 quarters, the continued delivery of new units has taken its toll on rent growth, slowing it to 2.3%. But there are several silver linings in this cloud.
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  • Trulia: Rent prices jumped 3.1% in 2017

    Higher increases seen in hot housing markets
    Does it feel like the rent is too damn high? That’s because, according to Trulia, it is. Trulia’s latest rental analysis shows median rent increased 3.1% in 2017 with much higher increases experienced in four major metro areas.
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  • Rental population decreases for first time since 2004

    But rent prices surge in 2017
    After steadily climbing for the past 13 years, the population of renters decreased for the first time since 2004. Although the number of renters declined slightly in 2017, they continue to hold a significant claim on the market as renting now far outpaces ownership.
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  • Rents in top 10 most expensive cities cooling off

    National average sees lowest growth rate in 3 years
    The most expensive rental markets seem to be cooling down after a long period of incessant rent increases. A new blog from Rent Café shows six of the top 10 most expensive rental markets saw annual declines in rent prices in May. One of the nation’s most expensive cities even saw its fourth consecutive month as the city with the highest annual decline in rent prices.
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