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Annual Apartment Rents Grew in More Than Half of the 50 Biggest US Rental Markets

Interest Rates Near 20-Year High for Past Two Months Discourage Some Renters From Buying
Some apartment renters are staying in place as they wait for interest rates to ease. (Getty Images)
Some apartment renters are staying in place as they wait for interest rates to ease. (Getty Images)
CoStar News
November 13, 2023 | 10:12 P.M.

Higher interest rates are keeping apartment renters in place longer as they wait for those costs to ease before going into the home-buying market.

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News | Annual Apartment Rents Grew in More Than Half of the 50 Biggest US Rental Markets