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These Cities Saw Rents Climb During the Pandemic

Rents in the Miami metropolitan area rose 58% from March 2020 to March 2022, Realtor.com said in a report Thursday.

Rents in the Miami metropolitan area rose 58% from March 2020 to March 2022, Realtor.com said in a report Thursday.

Photographer: Christina Mendenhall/Bloomberg

Two-year rent data showcase how the map of the U.S. economy shifted to the Sun Belt and away from expensive coastal cities and technology hubs during the pandemic.

Rents in the Miami metropolitan area rose 58% from March 2020 to March 2022, Realtor.com said in a report Thursday. They were little changed in San Francisco and San Jose, and dropped 2.3% in Buffalo, New York, the only place in the 50-city dataset that saw a decline.