Florida rent prices: Are they increasing or decreasing?

Rent prices are beginning to ease in large metropolitan areas following the recent crisis that forced many to pay astronomical prices for a place t...

December 4, 2022
3:28 AM

Rent prices are beginning to ease in large metropolitan areas following the recent crisis that forced many to pay astronomical prices for a place to call home.  Researchers at Florida Atlantic University (FAU) said that in October, 68 housing markets had smaller average rental rates, up from 38 in September. Places like Springfield, Massachusetts; Austin, Texas; Seattle and New York are some of the areas where rents are falling. The U.S. average rental rate was $2,040, down 0.9 percent from September.

Fox News Staff