apartment in the United States? Nationwide rent prices have skyrocketed in the two years since the COVID-19 pandemic, and the cost for renters remains high in August. "Rent prices are definitely up, and up pretty significantly," Rent.com researcher Jon Leckie told FOX Television Stations this week.
The average cost of a one-bedroom in August 2022 is $1,769, a 39% increase from this time last year, according to Rent.com’s monthly report.
Meanwhile, the nationwide average monthly cost for a two-bedroom rental in August is $2,105, a 38% increase from a year ago.