Boston Real Estate Investors Association

Zumper’s National Rent Report for June ’21

Rental information site Zumper recently released their monthly National Rent Report showing that their median national rent for 1-bedroom apartments was $ 1,254 and the median two-bedroom rent was $ 1,544.  Compared to this time last year these figures are up 3% and 4.8%, respectively.  Be sure to check out their list of the top 100 metro areas.

“The COVID-19 pandemic has caused one of the largest waves of migration in recent memory. Expensive coastal markets have seen precipitous rent drops as high-income earners eluded strict lockdown orders, while smaller cities not often thought of as destinations experienced population booms that drove up rents.”

zumper national rent growth 6-21

Click here to read the full report at Zumper.

 

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