Report: Rent rose 17% nationwide from a year ago
A new report from Realtor.com finds the average rent price last month was $1,719 - a jump of 17% from a year ago.
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Mar 25, 2022, 9:38 AM
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Updated 1,002 days ago
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4ds agoA new report from Realtor.com finds the average rent price last month was $1,719 - a jump of 17% from a year ago.
This marks double-digit increases for studio, one bedrooms and two bedrooms apartments.
February's new high put the typical apartment at $283 more expensive each month than it was in 2020, before the coronavirus pandemic.
That's about a 20% increase in just two years.
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