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Apartment Rents Are Rising In Nearly Every Major US City Amid a Housing Shortage

With Renters ‘Chasing Fewer Apartments and Fewer Homes,’ Pricing Power Shifts Toward Landlords
Apartment rents in some cities have risen as steeply as 20% year over year. (iStock)
Apartment rents in some cities have risen as steeply as 20% year over year. (iStock)

Apartment owners and landlords in major U.S. cities are increasingly raising the rent.

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