APARTMENT RENT HITS ALL-TIME HIGH IN JUNE – HOUSINGWIRE (HW Media, LLC) reports that nationwide rents just hit an all-time high in June. According to recent data from RentCafe' and Yardi Matrix, average apartment rents crossed the $1,400 threshold for the first time ever. Florida’s major cities have not escaped the effect of the growing popularity of renting. In fact, of the major cities included in the nationwide study, Orlando was cited as having both the greatest year-to-year proportional increase (8.4%) and the highest dollar increase ($107) in average apartment rent. Read more at https://tinyurl.com/y85bwp8q.
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