After a sharp runup during the pandemic, monthly rent prices for new apartment leases are beginning to come down.

WSJ housing reporter Will Parker joins host J.R. Whalen to discuss what’s driving the declines, and what it means for the rental market.

Photo: Joe Raedle/Getty Images

0:00 The current situation with the rental market
0:25 How much has rent decreased since the pandemic?
1:33 How are new tenants’ personal finances?
2:40 Which cities have the most pronounced decline in rents?
3:42 What does this rent decline mean for the rental market's future?

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