Rent hikes are finally easing — except for renters who can afford it the least

Mar 21, 2023
Rents at the bottom of the market, where supply is tighter relative to demand, have risen faster than those of higher-priced properties.
Rent price growth is stuck at around 8.5% for lower-priced renters, well above the increases in other segments of the market.
Brendan Smialowski/AFP via Getty Images

This Florida woman used move-in deals to help save up for a house

Mar 1, 2023
Errica Jamil moved seven times in about as many years, earning her free or reduced rent. Now she owns a home of her own.
Chasing move-in specials every year eventually helped Errica Jamil buy a home of her own.
Brendan Smialowski/AFP via Getty Images

New index gets a "more real-time view" of rent inflation

Jan 26, 2023
Housing is one of the biggest parts of inflation, but current metrics lag by about a year. The new tenant repeat rent index aims to change that.
A new index measures rent inflation by tracking new leases.
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Rents are way up. How are landlords picking the price?

Jan 25, 2023
The national median rent has risen over 20% since 2020, according to Apartment List. And the use of pricing algorithms used by some of the nation's biggest corporate landlords might be playing a role.
While smaller landlords still usually look at comparable units for determining prices, bigger corporate landlords use algorithms.
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Renting is now cheaper than owning in most of the country

Jan 20, 2023
A new report from ATTOM says it's now cheaper to rent than own a place in most parts of the country.
A new report says that renting a place in most of the country has become cheaper per month than owning. 
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She left California for Arizona, but found high rent and lower wages

Dec 5, 2022
Taylor Jenkins learned the hard way that the Phoenix area had become a top destination for those leaving expensive coastal cities.
Taylor Jenkins moved to Arizona from the San Francisco Bay Area in search of more affordable housing, but she struggled to find it there. Above, Jenkins in Arizona.
Courtesy Taylor Jenkins

Homelessness in New York City is being compounded by inflation, high rents

Sep 2, 2022
The homelessness crisis is being punctuated in the nation's most populous city by sky-high rents and rising prices, says the CEO of the Bowery Mission, a New York City-based nonprofit.
Inflation and high rent prices in New York City are contributing the city's ongoing homelessness crisis.
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What does "broad-based" inflation look like down the road?

Jul 13, 2022
Energy, food and rent were big drivers of the 9.1% inflation reading. Where are those numbers headed?
Food prices were up 10% year over year, according to the Bureau of Labor Statistics.
Angela Weiss/AFP via Getty Images

Higher interest rates may not make a dent in rising rents for more than a year

Jul 12, 2022
Rent growth is expected to ease after interest rates slow down homebuying. It will take even longer for inflation numbers to reflect that.
Month-over-month rent increases should begin to slow as demand cools.
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Is the rental market slowing down? Maybe.

Jul 7, 2022
Some private-sector sources are reporting that year-over-year rent increases slowed down in June. This could be good news for inflation, but not anytime soon.
Rent for one-bedroom apartments went up .5% from May to June, which is less than previous months, according to data from Zumper.
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