Realtor.com® January Rental Report: Mild Relief for Renters Continues As Rental Prices Decline to Start New Year

February 22, 2024

https://www.prnewswire.com/news-releases/realtorcom-january-rental-report-mild-relief-for-renters-continues-as-rental-prices-decline-to-start-new-year-302068447.html

In January, U.S. median rents dropped (-0.3%) for sixth straight month

SANTA CLARA, Calif., Feb. 22, 2024 /PRNewswire/ — Rents fell in January for the sixth month in a row, with year-over-year prices down -0.3%, according to the monthly Realtor.com® Rental Report released today. That’s providing some relief for renters, though prices remain higher than pre-pandemic levels amid strong demand and a limited supply of new units in many markets.

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