Rent Increase
The 10 metro areas with the biggest increases in rent prices—up 29% year over year or more—were almost exclusively on the East Coast. The only exceptions were Austin and Portland.
It is little secret that apartment rents have been on a tear. The latest data from Redfin, finds that average monthly listed rents in the US increased 14.1% year over year to $1,877 in December. This was the largest annual jump since at least February 2019—the earliest month in Redfin's rental data. It is also little secret that some markets are performing better than others. Check out our slideshow to see the fastest-growing rental markets, according to Redfin.
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Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.