More than half of Salt Lake City landlords are offering incentives to attract renters — the most in the nation — according to rental website Zillow. The study found that 54.4 percent of property managers are offering concessions such as free months of rent or free parking.
Nationwide, rental concessions are at their highest level in more than two years despite strong renter demand, Zillow’s latest data shows. That’s because property managers are now likely competing for tenants, as new, primarily upscale buildings from the recent construction surge reach the market.
About 30 percent of rental listings on Zillow advertised concessions in Please log in to see the rest of this story.
