2020-09-03 ABODO Says Rents Begin to Accelerate Painfully Slow
| By:
Brad Beckett
ABODO Says Rents Begin to Accelerate Painfully Slow
by Brad Beckett National apartment listing site ABODO recently reported that the median nationwide rent price for one-bedroom units in August was $1,109 with two-bedroom units coming in at $1,358. ABODO says apartment prices continued to exhibit sleepy upward movement.
ABODO uses over 1 million listings across the United States to calculate the median 1-bedroom rent price by city, state, and nation and then track the month-over-month percentage change. To avoid small sample sizes, they restrict their analysis to cities meeting minimum population and property count thresholds. Be sure to check out their extensive city list.
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