Rent hikes are finally easing — except for renters who can afford it the least

Mar 21, 2023
Rents at the bottom of the market, where supply is tighter relative to demand, have risen faster than those of higher-priced properties.
Rent price growth is stuck at around 8.5% for lower-priced renters, well above the increases in other segments of the market.
Brendan Smialowski/AFP via Getty Images