Zumper’s National Rent Report for March ’21 – Real Estate Investing Today

Rental information site Zumper recently released their National Rent Report for March, 2021 showing that their median national rent for 1-bedroom apartment was $1,240 (up 1.1%) and the median two-bedroom rent was $1,501 (down 0.9%).  Be sure to look at their list of the top 100 metro areas.

“2020 brought unprecedented shifts in the rental market, largely stemming from migration shifts brought on by the COVID-19 pandemic…..Two months into 2021, we’re seeing clear signs that these trends have plateaued, or even slightly reversed, following a bottoming out in 2020-Q4.”