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Which U.S. cities had the largest housing rental price increase in 2020?

ngpf.org 6/4/21

Q:

Budgeting

QUESTION OF THE DAY

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A:

QUESTION OF THE DAY

Budgeting

Source: HowMuch

1. Las Vegas, NV: 45.6%

2. Buffalo, NY: 41.8%

3. Scottsdale, AZ: 36.8%

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FOLLOW-UP QUESTIONS

  1. What has caused the rental prices to increase in these cities during 2020?
  2. Would the cost of housing and rental prices affect where you decide to live? Why?
  3. How might an increase or reduction in rental prices affect a decision to pursue homeownership?