RENTER DEMAND

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Dec 02 2025BUSINESS

Rent Prices Are Dropping, But Why?

The housing market is changing. More apartments are being built, but fewer people are renting them. This is pushing rent prices down. In November, the average rent for an apartment in the U. S. was $1, 367. This is a 1% drop from October. It's also down 1. 1% from November 2024. Rents have fallen 5.

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