The monetary ripple effects from the rising housing market costs have increased rent prices across the U.S., with many who can’t afford home prices left to continue renting. The supply-demand has sent average rents into the troughs as we enter 2025. The current average is just over $1,300 a month. Which state has the highest rents? Which state has the cheapest?
Here is the breakdown of all 50 states plus D.C.
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Here is the breakdown of all 50 states plus D.C.