This Big Data Diver Says Apartment Rental Prices Are Actually Lagging

"This year's overall rent increases are coming solely from single-family rentals (SFRs), while apartment home rental prices are actually decreasing," the Los Altos, California-based company says in an Oct. 6 news release. "Dwellsy's data shows that single-family rental prices are up by 15%, driving an overall increase in median rent by 9.6%."