Recent data from Zumper shows that suburban and rural rents grew 5 to 7 percent more than urban rents over the last year. However, some secondary cities that thrived during the pandemic are now starting to see rent declines
JLL has forged an agreement with rental property management company Roofstock, which stands to give the fintech startup significant stature in the rental home investment market
About 6% of new single-family homes are built for the purpose of being rented out, which would yield roughly 700K new single-family units being constructed over the next 10 years, a number well short of current demand, according to RCLCO Real Estate Advisors
Between February and June, annual rent growth slowed 2 percentage points in urban areas while slowing by just 1.4 percentage points in suburban areas, according to a Zillow study
Why are renters leaving the bustling urban areas? Two words: lower rent