As a KAR member, you have access to Rental Beast, a powerful tool that provides valuable rental market insights to help you stay informed and competitive. Here’s what’s happening in the rental market:
- Inventory Growth: Single-family rental listings up 91.1%, multifamily up 21.6%.
- Price Shifts: Median apartment rents dipped slightly, while single-family rents hit $1,950.
- Leasing Pace: Properties averaged 23 days on market.
- Landlord Incentives: 28% of listings included concessions.
Use this member benefit to stay ahead of market trends and better serve your clients!
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