Average Monthly Rent Surpasses $2,000 For First Time
Jun 13th 2022 10:32am EDT
Americans are now paying more in rental costs than ever before, as the median monthly cost for rent surpassed $2,000 for the first time in May, according to a new report from Redfin. Rent prices for apartments are up 15 percent from May 2021. “More people are opting to live alone, and rising mortgage-interest rates […]
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