Landlords and property managers are offering more move-in specials as the rental market softens, according to a new HotPads analysis
- The number of rental listings mentioning move-in deals, such as rent discounts or gift cards for new tenants, has increased nearly 16 percent in the past year.
- Listings mentioning concessions have more than doubled over the past year in Chicago, Miami, and Atlanta - markets where new construction is on the rise and annual rent growth is steady or slowing.
- Concessions are the most common in Milwaukee and Portland, where renters can expect to see a move-in special advertised in about 1 in 50 listings.
PR Newswire
SAN FRANCISCO, Nov. 8, 2018
