US Rents Hit New Record as Parts of NYC Soar Past $4,000 for August

Bloomberg, Aug. 29. 2022–Martine Paris
The Zumper National Rent Index shows the median national one-bedroom rent for a newly listed one-bedroom now at $1,486, up 11.8% over August 2021 — beating last month’s record high. More than half of US cities are showing double-digit rent hikes, with some over 30%.