In July, the nationwide median asking rent was $2,100/mo, which is 31% greater than July 2021 and 3% greater than June 2022
Press Release
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Aug 4, 2022 05:00 PDT
LOS ALTOS, Calif., August 4, 2022 (Newswire.com)
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Rent continued its march upward in July 2022, increasing another $55/mo on a national basis, to $2,100 nationwide.
Here are the core stats:
- $2,100/mo: Median asking rent in July 2022
- 2.7%: The growth in rent vs. June 2022 ($2,045)
- 31.3%: The growth in rent vs. July 2021 ($1,600)
“Rent began climbing in dramatic fashion toward the end of 2021, and the increases have been relentless throughout 2022,” said Jonas Bordo, Dwellsy’s CEO and co-founder. “Asking rents across the country…
