The 15 U.S. Cities Where Rents Are Rising Fastest for Single-Family Homes
In Fort Myers, Fla., the median monthly rent of $1,600 last year is now $2,000. And California is all over the list.
This article is for subscribers only.
Here's a startling data point about rental costs in the U.S.
The rental rate for single-family homes in the metropolitan area of Fort Myers, Fla., increased 24 percent in the 12 months ended in September. That means if you paid the area’s median rent of $1,600 a month on a lease that ran out in August, there’s a good chance you’re currently paying $2,000.