Rental markets refer to the systems where properties, such as apartments and houses, are leased to tenants for a specified period. These markets are influenced by factors like supply and demand, location, and economic conditions. In areas with high demand and limited housing, rental prices tend to increase, while in oversupplied markets, prices may decrease. Landlords and property managers play a crucial role in rental markets by setting rental rates and maintaining properties. Tenants seek affordable and suitable living spaces, often considering amenities and proximity to work or schools. Understanding these dynamics helps both parties navigate the rental process effectively.