U.S. apartment rents have increased for the third-straight month, according to Yardi Matrix’s monthly survey of 119 markets. June rent rates increased by exactly $10, or 0.9 percent, to another all-time high of $1,213.
- Yardi Matrix's monthly survey report of 119 markets found rents rose in price by double digits for the third straight month, and $10 for the month of June.
- Chicago occupancy rate remains strong, at 96.5 percent month-over-month.
- Forecasted to only grow 2 percent by the end of the year, rent growth in Chicago is slow behind South and West Coast cities.