Demand for House Rentals Intensifies

Apartment rents are appreciating less than house rents, thanks to shifting demand for single-family rentals, according to a recent analysis by Zillow. Apartment rents nationally increased a median 0.5 percent, to $1,551, year-over-year—relatively flat—while house rents increased 1.3 percent to $1,404.
Several colliding factors are driving the trend, says Dr. Svenja Gudell, chief economist at Zillow.
“When the market crashed, many families lost homes they owned during the forecl