“If you lease an apartment in the off-season you are more likely to get a deal than at peak rental time, roughly February to June.
“These are median asking rents,” said Lawrence Zhou, data scientist at RentHop. “The basis for the study was to show how seasonality affects prevailing asking prices landlords are charging.”
Property managers, developers and realtors acknowledge there is an off-season for rentals that fits RentHop’s parameters.”
Read the full article at Philly.com.