By Rent.Com | AZ Big Media
New year, new rent price trends and a new report. The Rent.com Rent Report replaces the previous version from Apartment Guide. And Gilbert leads the nation for the biggest increase in one-bedroom rent prices year-over-year.
Let’s look at where rent prices stand today.
National average rent price trends
Nationwide rent prices for both one-bedroom and two-bedroom apartments have increased significantly year-over-year at 22.1 percent and 18.3 percent, respectively. Month-over-month, prices have remained relatively flat.
• 1-BR: $1,683 (+0.2 percent from prior month / +22.1 percent year-over-year)
• 2-BR: $1,977 (+1.0 percent from prior month / +18.3 percent year-over-year)
