Rent drops for the first time in 3 years, Jacksonville following the trendRent prices in May were down a little more than a half of a percent (-0.57%) compared to this time last year, according to Rent.com
TELL US: How much do you pay for rent? Is it increasing or decreasing?Rent.com just released its June report, and it shows after nearly two years of rising rents, the national medial price was less in May than it was a year ago. That's the first time rent prices went down since March 2020.