Items Tagged with 'Rentcafe'

ARTICLES

  • Rental prices hit a median of $1,465 in June

    Rents in 88% of the nation's cities increased in the first half of the year
    As rent prices continued to climb in June, RentCafé indicates that the nation’s mid-year average rent spiked $37 from the previous year. According to the company’s Mid-Year Rent Report, the national average rent in June totaled $1,465. Not only is this a 0.8% increase from the previous month, but it is also 2.6% higher than the same period in 2018.
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  • RentCafe: The national average rent climbs to $1,442 in May

    But rents in 64% of the country’s largest cities fall below the average
    Although 36% of the country’s largest 260 cities now have rents that exceed the national average of $1,442, RentCafé’s data indicates that a whopping 64% of rents still fall below the median. According to the company's data, cities in the Midwest and the South continue to maintain the most affordable rental prices.
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  • Hey students, can you afford to live here?

    RentCafé lists the most affordable rental markets for students
    Student renters are suffocating under more than $1.5 trillion worth of student loan debt. In order to determine which rental markets offer them the most affordable prices, RentCafé compiled a list of the 100 most affordable metros near universities. Find out which campuses made the top 5.
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  • RentCafé: Senior renting jumps 43% in 10 years

    New data shows seniors are outpacing their younger counterparts when it comes to renting
    Recent data from RentCafé shows that the number of seniors renting has taken off, seeing stunning growth in a 10-year period. Renters aged 60 and over grew by 43% over 10 years, from 6.55 million in 2007 to 9.37 million in 2017, outpacing their younger counterparts in renter growth.
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  • Most renting families can't afford the cost of living through the holidays

    Average American needs to set aside $400 in savings
    While the holidays are typically a time of joy, data suggests the average renting family ends the holiday season less jolly. According to RentCafé’s latest analysis, Thanksgiving and winter holiday expenses average $1,100 per household, leaving the average renting family $400 in debt after the holidays.
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  • Here’s what renters are really looking for in their next apartment

    Search trends reveal the things renters really care about
    Surely one of the top questions for any landlord or property developer is what do renters really want in their next apartment? What matters to them? What do they care about? For the most part, answering that question is probably a guessing game. Well, maybe not anymore. Newly released data from RENTCafé and Yardi Matrix provides insight into what renters truly want, based on the one place they can’t really lie about – their search history.
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  • Zumper: The American dream of homeownership fades

    33% of survey respondents no longer think the American dream involves homeownership
    This year, navigating the landscape of American housing has proved to be rocky for both renters and homeowners. As 2018 comes to an end, Zumper, a rental listing site, has revealed for many Americans, the dream of homeownership is fading. Here's why.
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  • Apartments are getting smaller but costing more. What gives?

    Average apartment size has fallen by 5% in 10 years, while prices have risen
    Depending on which report you believe, rents are either slightly falling or just hit another all-time high. Regardless of whether rent is still going up nationwide, one thing is certain: Rents have gone up significantly over the last 10 years. Given that increase, one might think that renters are getting more for their money in the form of larger apartments, right? Wrong.
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