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This comes as a result of the record number of multi-family units being built since the pandemic.

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The median rental price forone- to three-bedroom apartmentsdropped for the first time in four years, reports Redfin.

Also check out where mortgage rates are dropping in the most affordable housing markets.

Blahut calls out these Central Florida towns that offer renters great deals.

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Blahut said its a tactic he has seen for the past year and a half.

Renier said as more and more apartment buildings pop up rapidly, rents go down.

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