U.S. Rental Prices Soar By Nearly 20 Percent In Two Years
The average national rent hit a new high of $1,807 last month, with the Sun Belt leading in gains
The average national rent hit a new high of $1,807 last month, with the Sun Belt leading in gains
Renters of color pay security deposits more often than white renters, and the deposits are typically $150 higher
Month-over-month increases hit a new record in February—but not by much!
Austin saw the largest increase with a 39.9 percent year-over-year increase
Over the course of the year, the national median rent increased by 17.8 percent
Last month’s numbers mark the highest annual and monthly growth rates in at least two years
Analysts expect another unpredictable year ahead for the housing market…
The region has experienced a 22 percent annual increase in residential rents
New home but no mortgage?! Built-to-rent is becoming more and more attractive to developers and buyers alike
Federal efforts to support both landlords and renters continue in this economic rebound following the pandemic
© 2023 California Listings, Inc.