America's Rent Inflation Crisis

Over the last year there have been some astronomical rises in the cost of renting in the USA. A new analysis by Rent.com shows that rents have risen by at least 40% in many cities across the country in just the last year. For example in Long Beach, California the average rent for a one bedroom apartment has escalated by 56.7% since March 2021.

In A Monthly Look at Average Rent Price Trends