Landlording by the Numbers April 2022

| by Nomer Caceres. Posted in News - 0 Comments

Infographic: Landlording By the Numbers. What’s up, what’s down? What’s in, what’s out? This monthly feature is a brief statistical snapshot of the landlording and housing industries. 30 days. Required for serving a Notice to Quit for nonpayment in Massachusetts. This required period was raised from 14 days in 2020 as part of the economic response to the Covid-19 pandemic. The 30-day requirement remains in effect. $2,381. The difference in average apartment rents between Boston and Springfield, Mass. (reported by rentcafe, August 2021). 3rd highest. The rank of Massachusetts in terms of rent prices, among 56 U.S. states and territories. 19%. Percentage increase in average rents in Massachusetts year-over-year in October 2021. (Apartmentguide.com)

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