Rents continue to inch up, soaring more than 5 percent nationwide in the 12 months ending April 31. In some places, rents have increased by more than 15 percent in that time period.
The following five metro areas have seen some of the biggest increases in rental prices — more than 10 percent — in the 12 months ending April 31, according to recently released data by Trulia:
1. Edison-New Brunswick, N.J.
Change in rent in 12 month period: Up 15.6 percent
2. San Francisco, Calif.
Change in rent in 12 month period: Up 13.2 percent
3. Miami, Fla.
Change in rent in 12 month period: Up 12.3 percent
4. Warren-Troy-Farmington Hills, Mich.
Change in rent in 12 month period: Up 11.8 percent
5. Indianapolis
Change in rent in 12 month period: Up 11.1 percent
The author of this article is: realtormag.realtor.org
See the original post at: http://realtormag.realtor.org/daily-news/2012/05/08/5-cities-where-rents-are-rising-most
At GayRealEstate.com, we keep you updated with all the gay realtor, lesbian realtor, gay realty, gay real estate and general real estate news affecting the LGBT community coast to coast, and in your neighborhood.
Click here for list of gay realtors, lesbian realtors and gay friendly realtors Nationwide.
If you have a real estate story that you’d like to share with us with the gay and lesbian real estate community, please contact us at: manager@gayrealestate.com
