What Percentage Has Rent Gone Up In 2022?
Year-over-year rents are still elevated, but prices are moderating. Nationally, rents are up 8.8 percent compared to last year, the first time in 2022 that yearly increases have touched the single digits. How much has rent increased in the US? From 2017 to 2022, the average year-over-year increase in rent was 5.77% nationwide, with the …