Florida named worst state for apartment renters, despite oversupply
Florida took the crown in a nationwide multifamily market study –– but for the wrong reason. The Sunshine State ranked as the worst state to rent an apartment due to factors including a lack of affordability and zero protections for tenants, according to a study by ConsumerAffairs, a Tulsa, Oklahoma-based consumer insights group. All this, despite the state also having a healthy supply of apartments, reporting some of the highest vacancy nationwide. The median monthly rent statewide is $1,669, the eighth-highest in the U.S. and about 18 percent more than the national median. According to the study, this leaves the […]This article originally appeared on The Real Deal. Click here to read the full story.
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