Over the last 6 months, the average rent for an apartment has decreased by $40 to an average of $961 per month, a decrease of ~4%. Wichita, Indianapolis, Miami all saw rent increases above 2%. The majority of cities, however, are still flat or decreasing. Oklahoma City, New York, Albuquerque, Portland, Louisville, Los Angeles, Dallas, Phoenix, Denver, and Nashville all posted declines from 7% to 9%.
Nationwide Rents Down 4%
We've updated our analysis of US rent trends. See it here.
Refer Friends and Win Free Rent
We are giving away one month of free rent (up to $500) for those who share Rent Jungle with their friends (you can use Facebook, Twitter, whatever!). Check out how to win free rent by clicking here.
For each person you refer, you get one entry in the drawing. A winner is selected every month! And you can keep winning over time, so referring a bunch of people can really pay off. You will be givin a unique tracking URL that you can email, share on Facebook, Tweet about, or anything you want! When a user clicks your URL, you get entered.
For each person you refer, you get one entry in the drawing. A winner is selected every month! And you can keep winning over time, so referring a bunch of people can really pay off. You will be givin a unique tracking URL that you can email, share on Facebook, Tweet about, or anything you want! When a user clicks your URL, you get entered.
New Feature: Neighborhood Search
This week we rolled out the ability to browse apartments by neighborhood within a city. Check it out on this Chicago Apartments For Rent example. You can filter by Lincon Park Apartments , for example.
New Press Release: Best Places To Get Back on Your Feet After Foreclosure
New press release hit the wires today featuring our new apartment market data features. Check it out:
Best Cities To Get Back On Your Feet After Foreclosure
Best Cities To Get Back On Your Feet After Foreclosure
Topping the list of the best places to get back on your feet are Indianapolis, Pittsburgh, Oklahoma City, Cincinnati, and Omaha. All three boast inexpensive apartment rents, low house prices, high average salaries, and low unemployment.
Site redesign and lots of new features!
We have lots of exciting news to share from RentJungle.com. We have recently redesigned the site and added a ton of new features, including the ability to see if you are paying too much for rent (or at least see what your neighbors are paying)! Please take a look at the following new features and let us know your thoughts:
Compare Your Rent Using our New Rental Comp Tool
See if you are paying (or charging) too much for rent by using our new rental comparison tool. It instantly mines millions of historical apartment listings to see where you stand vs. what is for rent in your area.
Search Results Now Include Neighborhood Market Data
See current average rents and demographic info (avg. income, % single, etc.) for the neighborhoods you are searching. The example linked is from Chicago.
New Apartment Search Homepage
We have a great new homepage that includes our apartment blog postings, historical rent trend data from our data warehouse, and a search box to launch our rent comparison tool. And we also doubled the page load speed!
Compare Your Rent Using our New Rental Comp Tool
See if you are paying (or charging) too much for rent by using our new rental comparison tool. It instantly mines millions of historical apartment listings to see where you stand vs. what is for rent in your area.
Search Results Now Include Neighborhood Market Data
See current average rents and demographic info (avg. income, % single, etc.) for the neighborhoods you are searching. The example linked is from Chicago.
New Apartment Search Homepage
We have a great new homepage that includes our apartment blog postings, historical rent trend data from our data warehouse, and a search box to launch our rent comparison tool. And we also doubled the page load speed!
Great Feedback on Our Facebook App
Some great feedback from an early user of the new apartment search facebook application. Believe it or not, I don't even know this guy:
Oh my god, I don’t say this often and I hate facebook apps out of principle (if you ask me then facebook should’ve never allowed highschool kids or applications) but:
LOVE IT LOVE IT.
a) it is simple
b) it is blazingly fast (faster than apartment website)
c) it is intuitive
d) you can save apartment to look at later
e) makes searching for a place with roommates super easy because you can share it over facebook
This is the new cragislist of apartment hunting. Seriously. I wish I had this when a few months ago. Once again, I can’t believe I’m saying this about a facebook app, but I LOVE IT
New Facebook Apartment App Beta Test Launch
Thank you again for your help and support testing our initial version of the Rent Jungle site back in May! We have integrated your feedback. We are excited to announce a new product and could use your help again.
Next week we will be launching an innovation that is first of its kind in the apartment listing industry: a Facebook application that allows you to search for apartments and share them with your friends without leaving the Facebook site. Before we open up the application to the public, we need some help testing it. Please visit the application at http://apps.facebook.com/rentjungle. You will need a Facebook account to access all the features. Once you have taken a look, please comment here with any feedback and improvement ideas. If you like what you see, please become a fan of the application by clicking “become a fan” on the application homepage.
In addition to the new Facebook application, we have significantly increased our inventory (e.g., we now have over 17,000 listings within 10 miles of Manhattan ). We have added many new features including the ability to search for points of interest (e.g., Starbucks, Whole Foods, gyms, etc.) next to your desired apartment. Best of all, we are now receiving ~1,000 unique visitors a day and growing! If you have not visited the site recently, please do so by clicking here.
Thank you again for your help and support!
Next week we will be launching an innovation that is first of its kind in the apartment listing industry: a Facebook application that allows you to search for apartments and share them with your friends without leaving the Facebook site. Before we open up the application to the public, we need some help testing it. Please visit the application at http://apps.facebook.com/rentjungle. You will need a Facebook account to access all the features. Once you have taken a look, please comment here with any feedback and improvement ideas. If you like what you see, please become a fan of the application by clicking “become a fan” on the application homepage.
In addition to the new Facebook application, we have significantly increased our inventory (e.g., we now have over 17,000 listings within 10 miles of Manhattan ). We have added many new features including the ability to search for points of interest (e.g., Starbucks, Whole Foods, gyms, etc.) next to your desired apartment. Best of all, we are now receiving ~1,000 unique visitors a day and growing! If you have not visited the site recently, please do so by clicking here.
Thank you again for your help and support!
