The typical U.S. asking rent rose 2.2% year-over-year to $1,965 in June per Zillow, yet nearly 40% of rental listings came with a concession attached, up from 35% a year ago. Phoenix had a concession rate of 61% — one of the highest nationally — while rents there were flat year-over-year at $1,733.
Read more: https://azbigmedia.com/real-estate/rent-prices-are-ticking-up-but-so-are-the-deals
