US Median Housing Rent Rises To $1,653, Highest Since 2022: 'Demand From Young Renters Remains High'

Benzinga
Benzinga
  • 24 days ago
The median U.S. asking rental price saw an annual 0.8% increase in May to $1,653, marking the highest level since October 2022, sustaining an upward trend driven by robust demand and constrained supply.
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