Exploring 10 Key Trends in Single-Family Rentals in 2024
In 2024, the single-family rental market is witnessing various trends. According to a report by NerdWallet, rent prices across the U.S. increased an average of 3.5% in February 2024 compared to the same period last year, with single-family home rentals experiencing a 4.8% growth. This contrasts with the growth rate of multifamily home rentals, which stood at 2.7%.