【Zillow】Rent Concessions Plateau as Busier Spring Season Nears (February 2025 Rental Market Report)

As the busy rental season turns the corner, the typical asking rent across the U.S. has risen to $1,980, reflecting a 0.4% increase from last month. This rate is only slightly below the pre-pandemic monthly average of 0.5% for this time of year. The demand from new renters is strong enough to maintain upward pressure on rents, which are up 3.5% compared to last year. 

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