Real Estate
South Florida and New York See Apartment Rents Surge More Than 30%
Photographer: Camilo Morales/Tetra images RF/Getty Images
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Apartment rents are soaring across the U.S., with South Florida in the lead. New York isn’t far behind.
In Miami, West Palm Beach and Fort Lauderdale, rents jumped 36% in October from a year earlier, while the New York City metro area -- including Westchester County and parts of northern New Jersey -- posted a 31% gain, according to a report by Redfin Corp.