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Rents in the US just hit another record high

(CNN) — Rents in the US climbed to a new record high again in April, and they are expected to keep rising. The national median rent was $1,827 a month in April, up 16.7% from a year ago, according to a report from Realtor.com. Rent has been steadily increasing since early last year. If recent trends continue, the report projects the typical rent could be more than $2,000 a month by August.
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Housing Nightmare Continues, as Rent Soars and Home Prices Rise

Those of you renting your living space have likely experienced major increases in your monthly payments. That rent inflation will almost surely continue. In April, the median U.S. rent hit a record high for the 14th month in a row of $1,827, according to Realtor.com, a residential real estate information service.
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NexPoint Residential has been benefiting from huge rent increases. Apartment landlords, in general, are in a strong position partly thanks to inflation. NexPoint's rent hike story is nuanced, as it is also benefiting from upgrades. You’re reading a free article with opinions that may differ from The Motley Fool’s Premium...
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Landlords don’t have to disclose utility bill costs in rental listings — here’s why that should change

Renters may deserve as much disclosure when it comes to electricity bills as homeowners, but many are left in the dark. One in five households said they gave up basic necessities to pay an energy bill for at least one month during 2020, and some reported that they had kept their home at an unsafe temperature, the U.S. Energy Information Administration said. Gas.
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