Multifamily asking rents in the United States have expanded by an average of 11% year over year in 2021, the single highest increase ever recorded. However, the impact from that record growth varies a great deal by market and price point, a CoStar analysis has found.
The Places Where Apartment Rents Are Rising the Most — and Who’s Paying Them — May Surprise You
While the National Average Asking Rent Climbed at a Record Rate in 2021, Price Points Varied Widely City to City
By Jay Lybik
CoStar Analytics
December 22, 2021 | 2:12 AM
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