Zumper
- Apartment rents are normalizing as more inventory comes into the market, listings platform Zumper said.
- The national median price for a one-bedroom apartment is $1,495 in April, flat month over month.
- Rents in Miami were on the rise with tenants seeking out luxury locations.
Rental prices for apartments were normalizing throughout much of the US this month, offering some stability for tenants and real estate owners while potentially easing high inflation.
April was the sixth consecutive month to mark modest month-over-month changes in national rent prices, listings platform Zumper said Wednesday in its rent report.