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Can my landlord raise rent? What to know about rent control laws
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Our February 2025 Rental Report shows that the median asking rent across the 50 largest metros dropped to $1,691, marking the 19th consecutive month of decline. Despite this gradual dip, rents remain significantly higher than pre-pandemic levels—still over 14% above what Americans were paying before. In February, the median rent for a studio was $1,413, down 0.8% year over year. One-bedroom units averaged $1,583, while two-bedrooms rented for $1,887, both reflecting a 0.7% annual decrease. 🌆 Ch
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2.8K views · 19 reactions | Despite a recent easing in rental costs, prices remain approximately 24% higher than pre-pandemic levels largely due to inflation. Providence, Rhode Island, experienced one of the most significant rent increases in the country last year, fueled by the impact of remote work. | CBS Evening News | Facebook
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