Posted on Jul 21, 2023
The 10 Places Where Rent Has Surged the Most Since Last Summer
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Biggest rise in rents from 2022 to 2023 include Midwest along with coastal cities.
The 10 Places Where Rent Has Surged the Most Since Last Summer
Posted from money.com
Housing
Money
Posted 11 mo ago
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LTC Eugene Chu
..."These are the metropolitan areas where rent has increased the most in the past year, according to Rent.com’s analysis:
Kansas City, Missouri (rent prices up 16% from last summer)
Providence-Warwick, Rhode Island-Massachusetts (up 11.24%)
Minneapolis-St. Paul-Bloomington, Minnesota-Wisconsin (up 10.32%)
San Jose-Sunnyvale-Santa Clara, California (up 9.42%)
Charlotte-Concord-Gastonia, North Carolina-South Carolina (up 7.21%)
Nashville-Davidson-Murfreesboro-Franklin, Tennessee (up 6.56%)
Hartford-East Hartford-Middletown, Connecticut (up 5.97%)
San Diego-Chula Vista-Carlsbad, California (up 5.77%)
Columbus, Ohio (up 5.42%)
Los Angeles-Long Beach-Anaheim,"...
..."These are the metropolitan areas where rent has increased the most in the past year, according to Rent.com’s analysis:
Kansas City, Missouri (rent prices up 16% from last summer)
Providence-Warwick, Rhode Island-Massachusetts (up 11.24%)
Minneapolis-St. Paul-Bloomington, Minnesota-Wisconsin (up 10.32%)
San Jose-Sunnyvale-Santa Clara, California (up 9.42%)
Charlotte-Concord-Gastonia, North Carolina-South Carolina (up 7.21%)
Nashville-Davidson-Murfreesboro-Franklin, Tennessee (up 6.56%)
Hartford-East Hartford-Middletown, Connecticut (up 5.97%)
San Diego-Chula Vista-Carlsbad, California (up 5.77%)
Columbus, Ohio (up 5.42%)
Los Angeles-Long Beach-Anaheim,"...
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Good afternoon LTC Eugene Chu. Excellent post. Thank You for sharing this Sir. This is alarming, because a lot of states are seeing an increase in rent and mortgage payments. This goes true for Jacksonville, FL, where the average rent for one bedroom is about $1,100.
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