Asking Rents Fell 1 Percent Year Over Year Nationally: Redfin Report

The median asking rent in the United States dropped by 1 percent year over year in April to $1,625, marking the steepest annual decline since February 2024, according to a new report from Redfin, one of the country’s largest real estate brokerage websites. The drop puts median rents $80 below their August 2022 high of […]