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In trend with seasonality, last month was particularly slow for rent growth throughout the nation as most cities saw flat monthly changes. On a year over year basis, the majority of large rent growths continued to be located in the mid to lower tiered markets. Meanwhile, the top 10 cities stayed relatively stable with the exception of Miami jumping back in as 10th, kicking Santa Ana out.<\/p>\n
Overall, the national one bedroom median rent grew 0.4% to $1,217, while two bedrooms increased 0.1% to $1,440 last month. On a year to date basis, one bedroom rent is down 3.1%, while two bedrooms are up 3.7%.<\/p>\n
