Real Estate
US Rents Dip to 4-Year Low Amid Rising Vacancies
National median apartment rents have fallen 1.4% year-over-year to a four-year low, with vacancy rates hitting a decade-high of 7.3%. Major markets like Austin, Texas, are experiencing rent declines of over 20%. Despite falling new lease rates, some landlords continue to push for renewal increases, underscoring the need for renters to stay informed.