By General
Renting a starter home remains the cheaper option in every one of the 50 largest US metro areas, but a new report suggests that advantage is quietly eroding. The national median asking rent for properties with up to two bedrooms fell to $1,695 in July. That's a decline of 1.4% from the same period last year. It was the 36th consecutive month of annual rent decreases. Despite that persistent slide, rents remain $225, or 15.3%, above July 2019 levels, a reminder that the pandemic-era price shock has not fully unwound.
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