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.
- Washington D.C. and Baltimore rank in the bottom two spots for forecasted rent growth by the end of the year.
- Lifestyle renter growth was at a reported 1.4 percent in June in Washington D.C.