Yes, apartment rents are on the rise. But it’s becoming a renter’s market across many U.S. metro areas, where landlords are expecting more supply. Rents rose 2.9 percent in the third quarter, versus a year earlier, the Wall Sreet Journal reported. That’s also an increase from 2.5 percent in the second quarter. The boost comes from factors including a weaker sales market — tight supply nationally has driven up prices — and a strong economy […]
source https://therealdeal.com/2018/09/27/rental-prices-are-inching-up-but-there-are-still-plenty-of-bargains/
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