Cash In On The Rental Housing Market Boom With These 3 High Yielding REITs As the national average for the 30-year fixed mortgage rate sits at roughly 6.43%, many homebuyers can no longer afford a down payment as well as the interest rate that comes with purchasing a home. Unfortunately, due to the scorching hot real estate market, the average home price in the U.S. is roughly $356,054, causing rents to surge by 12.3%, at the end of August. With the typical rental charging $2,090 a month, real estate investment trusts in the apartment and single-family rental home market will continue to have an edge on inflation . These three apartment-and-single-family rental home REITs could prove to be cash generators over the coming years as the housing market is in a bit of a supply crunch. AvalonBay Communities Inc. (NYSE: AVB ) is offering a dividend yield of 3.46% or $6.36 per share annually, through quarterly payments, with an inconsistent track record of … Full story available on Benzinga.com