More people move in the spring/summer. Grad school & undergrads let out and people come here for jobs, teachers move in the summer usually due to scheduling and new jobs, and families move in the summer due to not wanting to pull kids out of a district during the year. So, yes, the prices will go up and yes the demand will be much, much higher.
Price difference but also big inventory difference. Cheaper apartments but way less of them. The difference isn’t dramatic in the list price, but the willingness to negotiate is much greater. Wait till 20th of the month when they’re getting scared it’ll sit empty for another month and low ball a few apartments 10%. Someone usually bites. This works way less with large mgmt controlled buildings though - they’ll often hold out.
I don't think it's that dramatic. But it's hard to say. Rent prices are driven by a myriad of factors in a given market. What often happens is that there's more concessions in the off periods. Maybe two months off which seems to be common these days.
I’ve seen differences of a few hundred dollars. While it’s more expensive in the summer, there’s also usually more inventory. However, it’s also more competitive because more people are looking. I always look in fall/winter because it’s cheaper, but there is also less inventory. Something to keep in mind!
That trend used to be true. This winter, however, I haven’t seen prices drop much compared to summer. 1 bedrooms in July in my building were renting for the same as 1 bedrooms now
Cuprunnethover2022 t1_j6fnfup wrote
More people move in the spring/summer. Grad school & undergrads let out and people come here for jobs, teachers move in the summer usually due to scheduling and new jobs, and families move in the summer due to not wanting to pull kids out of a district during the year. So, yes, the prices will go up and yes the demand will be much, much higher.