Press Release: Apartments.com : Apartments.com Releases Multifamily Rent Report for the Fourth Quarter of 2024

WASHINGTON--(BUSINESS WIRE)--Today, Apartments.com - an online marketplace of CoStar Group, Inc. - published an in-depth report on multifamily rent trends for the fourth quarter of 2024. National year-over-year asking rent growth eased to 1.0% in December 2024 compared to 1.1% at the end of September 2024. Since mid-2023, year-over-year rent growth has hovered around 1% after its rapid deceleration in 2021 and 2022. The national rent per unit closed the year at $1,729, compared to $1,712 record