Report: Providence metro median rent increases 4.1% in Q3

THE MEDIAN MONTHLY rent price of an apartment in the Providence metro area increased 4.1% year over year to $1,850 in the third quarter. / BLOOMBERG NEWS FILE PHOTO/ TY WRIGHT
THE MEDIAN MONTHLY rent price of an apartment in the Providence metro area increased 4.1% year over year to $1,850 in the third quarter. / BLOOMBERG NEWS FILE PHOTO/ TY WRIGHT
PROVIDENCE – The median monthly rent price in the third quarter in the Providence metropolitan area increased 4.1% year over year to $1,850, according to HotPads last week. The United States median monthly rent price at that time was $1,560, an increase of 3.2% year over year. The Providence metro’s median rental price growth rate…

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