SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) —The typical U.S. renter household earns an estimated $54,712 per year, 17.3% less ($11,408 in dollar terms) than the $66,120 needed to afford monthly rent for ...
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Less than half (49%) of newly built apartments completed in the fourth quarter of 2024 were rented within three months, up slightly from 47% the previous ...
Across the country, new apartments are being completed at near-record levels, with the increase in supply keeping rents down and providing renters with more opportunities to negotiate concessions.