【Zillow】Summer Heat: Rent Growth Barely Cooled Down in July (July Rent Report)

Asking rents climbed by $10, or 0.5%, from June to July, according to the latest edition of the Zillow Observed Rent Index (ZORI). That brings the typical asking rent nationwide to $2,062, or 3.6% higher than one year ago, continuing a steady, 17-month-long slowdown in the annual growth rate since hitting a record-high 16.2% in February 2022.

READ MORE