Affordable Rentals Vanish: Sub-$1K Apartments Now Just 7.5% of Market
American Apartment Owners Association
NOVEMBER 25, 2024
in 2012 to 35.2% in 2012 to 35.2% According to a new report from Redfin, renters seeking apartments under $1,000 a month are increasingly struggling to relocate as rising costs force them to stay in place longer and the number of new listings continues to dwindle. The analysis, which used data from the U.S. in 2022 and to 32.1%
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