Rents are indeed up!
“Two-bedroom units surveyed by the county association rose only about 4 percent over the year, Pinnegar said yesterday. In contrast, single-family-home rents rose by nearly 16 percent, he added. Studios rose by about 13 percent and one-bedroom units increased by 5.8 percent”.
I have a 2000 sq ft sfr turning over Sept 1. I’ll keep you informed on the outcome.
What’s the prediction for the future?