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Property Management Blog

Home and Apartment Rent Prices: Will They Increase in 2022?

By Mike Lautensack Friday, December 17, 2021

We have seen rental prices jump over 10% in 2021. And now we expecting to see rental prices increase 7.1% in 2022.

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Mike Lautensack
President for Philadelphia's Leading Property Management Blog
Mike Lautensack is the owner of Del Val Realty & Property Management, where they manage close to 5,000 rental units in and around Philadelphia. By implementing a tenant retention-focused strategy, Del Val Realty has successfully maintained occupancy rates above industry standards and generated consistent returns for their investors.
Mike Lautensack is the owner of Del Val Realty & Property Management, where they manage close to 5,000 rental units in and around Philadelphia. By implementing a tenant retention-focused strategy, Del Val Realty has successfully maintained occupancy rates above industry standards and generated consistent returns for their investors.
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