\n\u00a0\n<\/p>\n<\/td>\n
Apartments<\/b><\/p>\n
completed<\/b><\/p>\n
in Q3 2024<\/b><\/p>\n<\/td>\n
YoY<\/b><\/p>\n
change in<\/b><\/p>\n
apartments<\/b><\/p>\n
completed<\/b><\/p>\n<\/td>\n
Absorption<\/b><\/p>\n
rate for<\/b><\/p>\n
apartments<\/b><\/p>\n
completed<\/b><\/p>\n
in Q3 2024<\/b><\/p>\n<\/td>\n
YoY change<\/b><\/p>\n
in<\/b><\/p>\n
absorption<\/b><\/p>\n
rate<\/b><\/p>\n<\/td>\n
Median<\/b><\/p>\n
asking rent<\/b><\/p>\n
of new<\/b><\/p>\n
apartments<\/b><\/p>\n
(Q4 2024)<\/b><\/p>\n<\/td>\n
YoY change<\/b><\/p>\n
in median<\/b><\/p>\n
asking rent<\/b><\/p>\n
for new<\/b><\/p>\n
apartments<\/b><\/p>\n<\/td>\n<\/tr>\n Studio<\/b><\/p>\n<\/td>\n \n7,739\n<\/p>\n<\/td>\n \n0.4%\n<\/p>\n<\/td>\n \n50%\n<\/p>\n<\/td>\n \n8 ppts\n<\/p>\n<\/td>\n \n$1,601\n<\/p>\n<\/td>\n \n-0.3%\n<\/p>\n<\/td>\n<\/tr>\n 1 bedroom<\/b><\/p>\n<\/td>\n \n69,440\n<\/p>\n<\/td>\n \n78.8%\n<\/p>\n<\/td>\n \n49%\n<\/p>\n<\/td>\n \n-5 ppts\n<\/p>\n<\/td>\n \n$1,619\n<\/p>\n<\/td>\n \n-0.5%\n<\/p>\n<\/td>\n<\/tr>\n 2 bedrooms<\/b><\/p>\n<\/td>\n \n57,770\n<\/p>\n<\/td>\n \n85.6%\n<\/p>\n<\/td>\n \n50%\n<\/p>\n<\/td>\n \n-1 ppt\n<\/p>\n<\/td>\n \n$2,005\n<\/p>\n<\/td>\n \n1.9%\n<\/p>\n<\/td>\n<\/tr>\n 3+ <\/b>bedrooms<\/b><\/p>\n<\/td>\n \n8,666\n<\/p>\n<\/td>\n \n20.9%\n<\/p>\n<\/td>\n \n51%\n<\/p>\n<\/td>\n \n-5 ppts\n<\/p>\n<\/td>\n \n$2,362\n<\/p>\n<\/td>\n \n-5.1%\n<\/p>\n<\/td>\n<\/tr>\n<\/table>\n \nPlease note that absorption rate data by bedroom type is not seasonally adjusted.\n<\/p>\n \nTo view the full report, including charts, please visit: About Redfin<\/b><\/p>\n \nRedfin (www.redfin.com<\/a>) is a technology-powered real estate company. We help people find a place to live with brokerage, rentals, lending, and title insurance services. We run the country’s #1 real estate brokerage site. Our customers can save thousands in fees while working with a top agent. Our home-buying customers see homes first with on-demand tours, and our lending and title services help them close quickly. Our rentals business empowers millions nationwide to find apartments and houses for rent. Since launching in 2006, we’ve saved customers more than $1.8 billion in commissions. We serve approximately 100 markets across the U.S. and Canada and employ over 4,000 people.\n<\/p>\n \nRedfin\u2019s subsidiaries and affiliated brands include: Bay Equity Home Loans\u00ae, Rent.\u2122, Apartment Guide\u00ae, Title Forward\u00ae and WalkScore\u00ae.\n<\/p>\n \nFor more information or to contact a local Redfin real estate agent, visit www.redfin.com<\/a>. To learn about housing market trends and download data, visit the Redfin Data Center<\/a>. To be added to Redfin’s press release distribution list, email press@redfin.com<\/a>. To view Redfin’s press center, click here<\/a>.\n<\/p>\n View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250307382627\/en\/<\/a><\/span><\/p>\n \nContact Redfin KEYWORDS:<\/b> United States North America Washington<\/p>\n INDUSTRY KEYWORDS:<\/b> Construction & Property Data Analytics Internet Finance Professional Services Technology Consumer Residential Building & Real Estate<\/p>\n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n
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https:\/\/www.redfin.com\/news\/apartments-rented-near-slowest-rate-on-record<\/a><\/p>\n<\/p>\n
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Redfin Journalist Services:
\n
Kenneth Applewhaite
\n
press@redfin.com<\/a><\/p>\n
![\"Logo\"](\"https:\/\/mms.businesswire.com\/media\/20250307382627\/en\/1407505\/3\/Redfin_Standard_Web_Logo.jpg\"){kind=logo}
<\/td>\n<\/tr>\n