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Triad ranks among the highest in the nation for rise in rent prices

2019 saw a nearly 5% rise in monthly housing costs.
Credit: Photobuay
(Credit: Thinkstock)

GREENSBORO, N.C. — The Triad experienced one of the largest changes in apartment rent prices in the nation in 2019, according to a multinational provider of property management software for the multifamily, commercial, single-family and vacation rental housing industries. 

Average rent increased 4.8 percent in the Greensboro/Winston-Salem market in 2019 — fourth-highest in the nation among "large metros," according to the latest RealPage's Apartment Market Performance Report.

The average rent in the Greensboro/Winston-Salem market was $879, according to the report.

To read more about rising rent in the Triad, click here to read the full story on the Triad Business Journal's website.

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