Saturday, July 8, 2017

U.S. Apartment Inventory Is Nearly Full


 

The number of renters is nearing a record, as 95% of units nationwide are now occupied, according to data from RealPage. High home prices fueled by high demand has pushed more America into apartment homes, leading to the lowest gross vacancy rate since 2000.

Construction is falling behind the demand for apartment living, but that has not halted the rise in rental rates.  Monthly rent now averages $1,339 in the U.S.


Despite the rising rent you do not have to feel burdened by the cost of rising rent in San Antonio. Our apartment finders are knowledgeable of the city's apartment inventory and can help guide you through the entire process.

Contact us and let our licensed apartment locators help find you the best apartment for your budget!