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Location: Miami (prev. NY, Atlanta, SF, OC and San Diego)
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Bloomberg citing huge rental increases vs. last year from Redfin, though adding non Sunbelt areas such as Seattle, Portland and NY metros into the mix:
West Palm Beach, FL (36%)
Fort Lauderdale, FL (36%)
Miami, FL (36%)
Seattle, WA (32%)
Jacksonville, FL (32%)
Portland, OR (31%)
Austin, TX (31%)
Newark, NJ (31%)
Nassau County, NY (31%)
New York, NY (31%)
Last edited by elchevere; 11-24-2021 at 02:20 PM..
Note that the Redfin article explains that the rents/increases are based on units advertised for lease, so this doesn't mean at all that the average rents went up by this amount as it's only based on apartments that are new to the market.
New Brunswick average rent of 3,600? Im assuming because a house is rented to 4-6 people that is about 4,000 a month… so divide that by 4-6 people and you get what the average student pays. Then a few of the newer high rises are pricey too.
However I pay a fraction of this average rent so idk. The surrounding towns are no gems either (the brunswicks, edison, somerset, milltown, bound brook and highland park)
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