As rental prices fluctuate across the United States, Zumper spokesperson Crystal Chen joins Wealth! to provide insights into the most significant rent price trends nationwide.
Chen highlights that the most affordable rental markets include Wichita, Akron, and Shreveport. In contrast, the highest rents are found in major metropolitan areas such as New York City, Newark, New Jersey, and San Francisco, California. Chen notes a geographical divide in rent trends: the Sun Belt region is experiencing a decline in rental prices, while the Northeast and Midwest markets are seeing increases.
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