Reported about 15 hours ago
In 2024, most regions in the U.S. saw stagnant or decreasing rent prices, but the Midwest bucked this trend with significant rent increases, particularly in cities like Cincinnati, St. Louis, and Kansas City. Despite gains in the local economy and an influx of new residents, a building housing shortage has kept rents high, challenging affordability for many long-time renters who are often unable to transition to homeownership due to continued economic pressures.
Source: YAHOO