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What's behind significant rent increases in some U.S. cities?

by Samantha Fields
Apr 27, 2022
People looking to break out of shared housing are increasing demand for rentals, but supply is limited.
Some markets across the U.S. have seen double-digit percent increases in apartment rents.
Patrick T. Fallon/AFP via Getty Images
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Vacancies are down, demand is up and rents are rising

by Samantha Fields
Feb 1, 2022
The rental vacancy rate is just under 6%, the lowest it's been since the 1980s. And that's driving prices up.
A competitive housing market is part of why so many people are renting right now. Above, a "rent" sign is displayed on a Miami apartment building.
Chandan Khanna/AFP via Getty Images
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What's behind the housing inflation disconnect?

by Amy Scott
Jan 11, 2022
For many Americans, rents are rising much faster than official numbers suggest.
Depending on the source, rent rose anywhere from 3% to 18% last year. Above, apartments in New York City.
Drew Angerer via Getty Images
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Wage hikes outpace rent hikes in some parts of the country

by Amanda Peacher
Jan 6, 2022
And new data shows that buying a place is more affordable than renting in some areas.
In most places in most years, rents rise faster than renters' incomes, according to a researcher at the Center on Budget and Policy Priorities.
Justin Sullivan via Getty Images
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High housing prices leave more would-be buyers renting

by Meghan McCarty Carino
Dec 31, 2021
The share of rental applications from young people with above-average incomes spiked 20% in 2021. The shift is rippling through the market.
As younger, higher earners stay in the rental market longer, it can limit their chances to build wealth and price out lower-income people.
Justin Sullivan via Getty Images
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Renters and landlords face challenges as federal rent assistance money begins to dry up

by Lily Jamali
Dec 6, 2021
Renters and landlords have relied on federal rental assistance money, but by the end of 2021, most of that money could be gone.
Renters aren't the only one with questions as federal relief starts to run out.
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What rising rents mean for inflation

by Sabri Ben-Achour
Nov 11, 2021
Inflation on a larger scale is "transitory," we've been told by the Fed. But "rent growth is gonna remain strong," one experts says
In October, median net-effective rents for Manhattan apartments with no doorman increased by a 7.4% year over year, whereas apartments with doormen increased by 24.9%. Above, apartments on the Lower East Side of Manhattan.
Drew Angerer via Getty Images
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Voters in St. Paul, Minnesota, to decide on strict rent control proposal

by Britta Greene
Oct 27, 2021
If enacted, the proposal would be one of the most aggressive rent control policies in the country, applying to new construction.
St. Paul resident Emily Lynch says the rent on her single-family home is going up by $400 per month in January, an increase of more than 30%. She’s now looking for a more affordable place to live.
Britta Greene
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Rents are rising to all-time highs

by Kristin Schwab
Oct 4, 2021
Nationwide, rents are up more than 13% since March of 2020.
The rent for two-bedroom units have hit a new all-time high every month since February, according to new data from the rental site Zumper.
Joe Raedle/Getty Images
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Could rental history for loan applicants help boost home ownership?

by Amanda Peacher
Sep 15, 2021
Fannie Mae says including loan applicant's rental payment history could help correct past housing inequities.
A house for sale in South Pasadena, California, in April.
Frederic J. Brown/AFP via Getty Images
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