The summer housing market generally has a wider selection, but prices tend to be higher.
Awesome, awesome news for the denizens of New York: rents have never been higher, yay! According to RentJuice, the average Manhattan apartment went for $3,418 a month in March, the highest rent price since 2002. [WSJ]
Russians do not buy apartments to rent but bet on quickly growing prices which also make the payback period too lengthy for profitable renting, real estate specialists said on Thursday.
College grads moving from college-town student housing to major metro apartments will face higher rents in most markets -- even if they have a roommate or two.
Apartments in neighborhoods with high Walk Scores tend to have higher rents. There is generally higher demand for units close to work, shopping, dining and entertainment.