These Cities Had the Highest Rent Hikes Last Month

Rents continue to rage across the nation — especially in the white-hot Sunshine State.

Florida had three of the top 10 metro areas with the steepest rent hikes in February, more than any other state.

A Redfin study found that rents in Miami, Fort Lauderdale and West Palm Beach each popped by 30 percent in February compared to the same month last year.

Austin topped the list with a staggering 40 percent rise in rental costs in February, followed by Portland at 39 percent.

New York City continued to see rebounding rents last month and placed third with a spike of 36 percent compared to last year. (Read more from “These Cities Had the Highest Rent Hikes Last Month” HERE)

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