U.S. Apartment Rents Leap at Fastest Pace Since Crisis

Wall Street Journal, Jan. 6, 2016–Kusisto, Laura

Average effective rents nationwide rose 4.6% in 2015, the biggest gain since before the recession, according to a report by real-estate researcher Reis Inc. The average apartment rent now stands at nearly $1,180, up from about $1,125 a year ago.