Median Rent Reaches $1,849: 5 Ways for Renters to Cope With Higher Rental Costs

·3 min read
Median Rent Reaches $1,849: 5 Ways for Renters to Cope With Higher Rental Costs

Everyday living costs are increasing throughout the country -- including housing costs. If you've been seeing higher rental prices advertised in your area or have had your rent increase recently, you're not alone. Realtor's May Rental Report found that the median rent in the top 50 U.S. metro areas reached $1,849 in May as landlords raise rental prices -- which is 15.5% higher than May 2021.

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