Over 95 Percent of US States Saw Hefty Rent Hikes Since Last Year

Over 95 Percent of US States Saw Hefty Rent Hikes Since Last Year
Apartments are advertised in lower Manhattan in New York City on April 16, 2021. Spencer Platt/Getty Images
Mary Prenon
Mary Prenon
Freelance Reporter
|Updated:
A new rent report just released by Rent.com indicates that 95 percent of U.S. states faced significant rent increases over 2021.  The cost for one-bedroom units increased by an average of 22.6 percent, while two-bedroom units experienced hikes of around 20.4 percent.

Rent.com, an apartment search engine and online marketplace catering to Millennials, is owned by RentPath a Redfin company.

Mary Prenon
Mary Prenon
Freelance Reporter
Mary T. Prenon covers real estate and business. She has been a writer and reporter for over 25 years with various print and broadcast media in New York.
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