Summary List Placement

The pandemic unchained Americans from their office desks and sent rental vacancies in big cities like New York and San Francisco climbing. In an attempt to curb the free fall, a record share of landlords slashed rent prices and offered concessions like months off rent and waived application fees to lure tenants back in.

But good luck finding those concessions — or vacancies — now.

Average national monthly rent surpassed $1,500 in June for the first time, according to a new release from the National Apartment Association. Occupancy is also at 96.5%, the details ⇒

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