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September Rents Dip Following Eight Months Of Increases

By Jim Morrison | October 2, 2017 | Reprints | Unlock Link | Print

A report released yesterday by Apartment List Rentonomics said the national rent index has fallen by .09 percent between August and September of this year. That is the first month-over-month decrease in rents in 2017.

Year-over-year, rents increased 1.7 percent. in September 2017, up from 2.2 percent in September 2016.

“Despite the seasonal slowdown, rents are still up year-over-year in 90 of the 100 largest cities,” the report said.