January has emerged as a prime month for renters to secure deals on apartments, and recent data from RentCafe.com revealed which cities were the hottest markets for apartment hunters.
Minneapolis claimed the title of January’s most sought-after city for renters, with a 159% increase in page views from locals and renters from cities like Chicago, Dallas, and St. Paul over the same period last year. This surge in interest, coupled with a 26% decrease in available rental units, propelled Minneapolis to the top of the list.
“Notably, renters demonstrated a strong affinity for the city, favoriting 39% more listings,” RentCafe.com said in the report. “Plus, the remarkable 127% increase in saved searches suggests a growing demand for rental properties in Minneapolis from renters charmed by the city’s high quality of life.”
Source: mpamag.com