Cleveland recorded the biggest rent increase, while Austin, TX posted the biggest decrease SEATTLE–(BUSINESS WIRE)– (NASDAQ: RDFN) — The median U.S. asking rent fell 0.7% year over year in November to $1,595, the lowest level since March 2022. That’s according to a new report from Redfin (redfin.com), the technology-powered realContinue Reading

Renters are getting more bang for their buck thanks to the recent apartment construction boom, which has led to asking rents stabilizing below their pandemic peak SEATTLE–(BUSINESS WIRE)– (NASDAQ: RDFN) — A U.S. renter on a $2,000-a-month budget can afford an apartment that is more than 70 square feet largerContinue Reading