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Renters of Mid-Priced Apartments Face Sticker Shock

Middle- and Lower-Income Renter Households Absorb Highest Rent Increases in Past Four Years
Apartment renters in Tampa, Florida, had some of the strongest rent increases during the pandemic. (Getty Images)
Apartment renters in Tampa, Florida, had some of the strongest rent increases during the pandemic. (Getty Images)
CoStar Analytics
May 31, 2024 | 8:45 P.M.

For the multifamily rental households that were struggling to pay rent before the pandemic, the health crisis that sent apartment rents skyrocketing from surging demand and lower vacancy made a difficult situation worse.

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