Rents in the Midwest grew 4.6% on an annual basis to a record $1,437 last month, the real estate brokerage said.

"The bigger picture is that rent growth is leveling off after surging during the pandemic and then rapidly slowing from mid-2022 to mid-2023," Redfin said.

Price: 7.99, Change: -0.07, Percent Change: -0.87

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