Rent prices for one- and two-bedroom apartments grew in March for the first time in six months.
The monthly cost for a one-bedroom apartment across the U.S. bumped up to $1,487, a 0.3% increase from February.
The price of a typical two-bedroom apartment also jumped 0.5% to $1,847, according to a new report by Zumper, a real estate data site.
For example, the rent price for a one-bedroom apartment in Baltimore, Maryland, is $1,390, down 0.7% from a year ago, per Zumper.
"As we get closer and closer to summer, we start to see rent prices increase in more places."
Persons:
Zumper, Crystal Chen, Jacob Channel, Susan M
Organizations:
Zumper, Finance, The Wharton School, University of Pennsylvania
Locations:
U.S, Baltimore , Maryland, Zumper . Arizona