Rents Down- Prolonged Vacancy & Consistent Rental Rate Cuts - Signs of a Slowing Market?

We analyzed 3 recent SFR rentals in Jacksonville, FL to identify key trends:

-Extended exposure despite price drops
-Starting rents avg 12.7% higher than former rates
-Reductions of $200-400 to get closer to prior rents

Do these indicators point to oversupply, affordability issues, or shifting demand? Get our full breakdown and insights on the local rental housing market.

#rentals #singlefamily #realestate #housingmarket #jacksonville