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Florida Atlantic University Observes Rental Price Moderation in Miami

Posted by Christopher Lazaro on June 16, 2024

A study by Florida Atlantic University shows rental prices in Florida are stabilizing compared to the national average, with most areas experiencing increases below 3.57% per year. In contrast, the Northeast has seen significant rises due to limited housing supply. Affordability remains a concern, especially in Miami, where a high income is needed to afford rent.

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