After seven months of increases, multifamily rents in Reno fell in August. The slowdown was expected by local property managers as the school year began, and parents were hesitant to relocate to a new school or district.
Reno, Nevada, sees multifamily rents fall for first time in 2024
The market still recorded best August figure since 2021
By Will Austin
CoStar Analytics
September 5, 2024 | 6:21 P.M.
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