Most renters moving to amajor metro are seeing increased housing costs. A new study fromYardi's Storage Café analyzed the increased costsfor new renters in major metros and found that 48.8% of newentrants into major metros experience an increase in housing costs.On the other hand, 21.3% of new entrants experience a decline inhousing costs.

"Almost 50% of the movers to the top metros declared that theyexperienced an increase in housing costs," MariaGatea of Yardi Storage Café, tells GlobeSt.com. "However,that might not be that surprising, as 32% of the people movingwanted larger or better-quality homes or more desirableneighborhoods," . Naturally, this translates into increased housingcosts. It's also worth noting that, in addition, almost 15% of themovers declared they relocated in order to form their ownhousehold, which usually implies getting a larger home."

The migration patterns are similar across metros. Most moversare migrating from nearby markets, rather than a significant move."People moving to the top metros tend to come from another nearbymetro area. For example, the Los Angeles metro area saw almost45,000 newcomers from the adjacent Riverside-San Bernardino metroarea, while the San Francisco metro area received almost 29,000 newresidents from Metro San Jose," says Gatea. "The Houston and Dallasmetro areas are each other's main source of new residents, withouta clear winner in terms of net migration, as the number of peoplemoving between the two is balanced, at about 16,000 in eachdirection." However, for Atlanta, Miami and Chicago, most newarrivals came from New York City, breaking with the trend.