Apartment rents in the Triangle are poised to rise again. How high will they go? Aaron Sánchez-Guerra, The News & Observer (Raleigh, N.C.)
Mar. 5 Apartment rents in the greater Triangle region were growing at one of the highest rates nationally until COVID-19 caused them to gradually decrease.
While rents are expected to start rebounding soon in the Triangle at higher rates than other metros nationally, they aren t expected to immediately return to their pre-pandemic highs.
As the pandemic s economic strain affected renters incomes, many landlords and property management companies lowered their monthly rents or kept them flat in an effort to keep their tenants.