Inflation & Prices
Most US Renters Say Annual Bill Climbed by More Than $1,000
A sign advertises an apartment for rent in New York City.
Photographer: Drew Angerer/Getty ImagesThis article is for subscribers only.
More than half of US renters say their annual bill climbed by at least $1,200 over the past year amid a housing-market squeeze, according to the Census Bureau.
About 55% of respondents, equivalent to about 32 million people, said their monthly rents are up at least $100 in the period, according to the bureau’s new Household Pulse survey published on Thursday. For some 2.3 million renters, the increase was more than $500.