You Searched For "rent surge" and got 19 results
Sort By:
2 mins read
The US cities where renters are struggling the most
Half of all US renters were cost-burdened in 2022, spending more than 30% of their income on rent a…
John Towfighi,Eliza Relman
2 mins read
Goldman Sachs says rent increases should slow down this year
Recent trends in key rent measures suggest shelter inflation peaked in the fourth quarter, Goldman …
Ben Winck
1 min read
Rents are coming down in the US, but they're still surging in these 6 cities as tenants flock to the Midwest
Rents in the Midwest grew 4.5% last month, as prospective tenants look for cheaper markets amid dwi…
Jennifer Sor
1 min read
Younger consumers, especially Gen Z, are getting squeezed the most by surging rent rates as inflation bites the US economy, says Bank of America
"A sizeable increase in rental prices have squeezed consumer wallets," BofA said, adding that the m…
Zahra Tayeb
2 mins read
Find somewhere to swim this summer with the 'Airbnb for pools,' an app some pool-owners are using to generate over $100,000
Users can rent pools for $35 to $50 per hour on Swimply. The app saw bookings surge during the pand…
Grace Kay
1 min read
Renters about to catch a break as rents post their biggest drop in 3 years
Growing vacancies and a decline in people looking to move brought down the asking rent price in May…
Filip De Mott
2 mins read
The demand for rentals in the Hamptons is so huge right now that one couple is paying $10,000 a month for a renovated 'fisherman's shack' — and that's on the low end of the price range
The Hamptons' typical rental season is from Memorial Day to Labor Day, but because of the pandemic,…
Dominic-Madori Davis
1 min read
Less than 40% of renters earn enough money to afford the median US apartment
Americans now need to make $66,120 a year to afford rent for the median US apartment, according to …
Jennifer Sor
1 min read
Rents just fell to their lowest level in over a year as ballooning prices from the pandemic start to deflate, Redfin says
"Rents ballooned during the pandemic, and are now returning to earth," according to Redfin real est…
Jennifer Sor
2 mins read
Even renters can't escape the housing crisis. Prices just spiked at the fastest rate in 16 years.
Discouraged homebuyers are pushing into the rental market and driving up prices for everyone.
Ben Winck
1 min read
The 'tide turns' in the housing market as asking rents fall by the most in nearly 4 years
Rental vacancies also hit their highest level since early 2021, giving prospective tenants more opt…
Filip De Mott
1 min read
Renters are a bigger drag on consumer spending than homeowners. Here's why.
Last month, spending among renters fell 1.4% compared to a year ago, while homeowners spent 0.8% mo…
Filip De Mott
3 mins read
Homes have become so expensive in the Bay Area that renting is now a better deal than buying
Renting offers mobility, predictable monthly payments, and frees up cash to invest, writes Eric Rob…
Tanza Loudenback
2 mins read
Millennials who can't afford to buy homes are helping make suburban Chicago and Miami the most competitive rental markets in the US
The pandemic-induced rise of remote work fueled competition in certain suburbs and Sunbelt cities, …
Eliza Relman
3 mins read
The treacherous housing market will continue through 2022 as prices surge further, Goldman says
Builders will struggle as they fight labor shortages and supply bottlenecks. Millennial demand will…
Ben Winck
3 mins read
These are the US cities where it's most expensive to live on your own
In some of the biggest cities, one-bedroom apartments cost nearly as much as two-bedroom units. It …
Ben Winck,Madison Hoff
2 mins read
Soaring rents are a problem that is only going to get worse
"Even in the best case posited by the report, with wages growing a full percentage point per year f…
Akin Oyedele
2 mins read
Rent is way too high
Rent prices are soaring in cities nationwide, fueled by demand from everyone from Gen Zers to Baby …
Avery Hartmans
2 mins read
Rents in Oakland have fallen faster than anywhere else in the US for a simple reason: The city built more housing
This is a turnaround for the city, which has faced a serious housing affordability crisis in recent…