Renters in the US are seeing the prices of their units grow and grow, and it’s worse in some markets than others.
Altisource’s RentRange compiled data on the housing markets where rents are rising the fastest.
“The RentRange data shows that cities in the South and West generally had the greatest increases in home rental rates, while cities in the Midwest and Northeast experienced smaller increases,” the report revealed. “California and Florida were particularly strong, accounting for seven of the top 10 markets on the list.”
We’ve compiled the 25 markets that saw the greatest percentage increases in rents during the three months that ended in September. We also included the yield landlords were earning on those properties.
