Here’s How Much People Really Pay In RentDid you know that most studies of average rents pull their data from apartment listings? That can provide a pretty accurate snapshot of the prices a newcomer can expect to encounter on their apartment search—but it’s not always reflective of real-life rental situations. Asking rents generally skew higher, since there are plenty of listings for brand-new luxury units, but you’re not likely to find a rent-controlled apartment or a word-of-mouth hand-me-down deal listed online.
Jon Gorey
Nov 20, 2017