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1 month ago

Rent becoming more affordable for many Americans as market stabilizes

Renters are expected to see some relief from rising prices this year, with the pace of rent growth expected to slow as the market stabilizes and a measure of affordability hits a four-year-high.An analysis by Zillow projects that multifamily rental prices are expected to remain relatively flat through the end of 2026, declining slightly by 0.2%. Single-family rents are expected to rise at an annual rate of 1.1% in December 2026, which the report says would represent a "sharp slowdown from the rapid increases of recent years" as higher vacancy rates and more newly-built apartments help keep ren...

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1 month ago
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