The national average apartment rent ticked up nearly 3 percent in June compared to the year before, reaching a record $1,405 a month thanks to sharp growth in smaller markets. Manhattan cemented its standing as the nation’s most expensive place to rent with a 1.5 percent increase over last year, to $4,116. San Francisco was a distant second at $3,561 a month. Manhattan’s rent bump represents its highest year over year spike in 12 months, following […]
source https://therealdeal.com/chicago/2018/07/06/average-june-rents-reached-record-high-nationwide-as-manhattan-again-led-the-way/#new_tab
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