Landlords adjust their rental prices for supply and demand and how occupancy percentages stack up. A case in point was in New York City over the last three years of the COVID-19 pandemic. Then vacancy was low, allowing landlords to push up rents, which now are stabilizing or dropping a bit.

But there’s another factor that influences lease prices: Rents fluctuate by season, reflecting such variables as moving company schedules and prices, weather and the challenges it brings, school-age children’s calendars and job markets, according to Apartment List.

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