💰The average rent in the United States is over $1,950 a month.
📈Rent prices are falling in the west and south, but rising in the midwest and northeast.
🏢Over 4 million new apartment homes need to be built in the U.S. by 2035 to meet demand.
🔒Large landlords are facing lawsuits for alleged inflated rents and antitrust violations.
🏠Addressing the housing affordability crisis and ensuring fair practices is crucial.
What is the average rent in the United States?
—The average rent in the United States is over $1,950 a month.
Are rent prices increasing or decreasing across the country?
—Rent prices are falling in the west and south, but rising in the midwest and northeast.
How many new apartment homes need to be built in the U.S.?
—Experts say over 4 million new apartment homes need to be built in the U.S. by 2035 to meet demand.
Why are large landlords being sued?
—Large landlords are being sued for alleged inflated rents and antitrust violations.
Why is it important to address the housing affordability crisis?
—Addressing the housing affordability crisis is crucial to ensure fair practices and provide affordable housing for all.
00:00The average rent in the United States is over $1,950 a month.
00:07Rent prices are falling in the west and south, but rising in the midwest and northeast.
00:11Over 4 million new apartment homes need to be built in the U.S. by 2035.
00:46Large landlords are facing lawsuits for alleged inflated rents and antitrust violations.
01:16The lawsuits cover over 50,000 apartment units in the district.
02:08Experts say the U.S. needs to build more apartment homes to meet demand.
02:43Three of the named defendant landlords filed motions to dismiss the case.
03:32RealPage products are used to set prices on roughly 4.5 million housing units in the United States.
