Nationally, the average monthly rent is $2,084.08, a 10.76% year-over-year increase. Birmingham's rent did not shoot up quite as much, according to a recent survey. If you rent, has your monthly bill gone up in the past year?
Rent is still rising in Birmingham, but not at the rate it has been for the past year, according to a statistical analysis.
The researchers use leasing data from Zillow’s Observed Rental Index to determine existing rents and compare them to statistical models going back eight years. The index covers an area’s entire rental stock of homes and apartments. Bennie Waller, with the University of Alabama’s Culverhouse College of Business, said the overall national trend is “moving in the right direction.” Birmingham, for example, saw a year-over-year increase of almost 11% just four months ago.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
California Gov. Gavin Newsom Fights Loudly with Republicans Nationally, Quietly With Democrats Back HomeThe Democratic governor has been working behind the scenes in his home state to soften progressive policies he thinks could undermine his national political vision.
Leer más »
Roselle Catholic’s star-studded boys basketball squad ranked No. 1 nationallyFinal Tournament of Champions winner opens season in the Bahamas against Texas powerhouse Duncanville
Leer más »
Andrew Zimmern: Birmingham is one of America’s best food cities“Best food city in America right now ... I love all the little small ones that are exploding,' Zimmern said. 'I’m amazed at the small cities.'
Leer más »
Thomas Rhett announces 40 dates for ‘Home Team Tour 23,’ including show in BirminghamCountry star ThomasRhett is hitting the road in 2023 and plans a stop in Alabama. Get details on the tour.
Leer más »
Pack your bags, we’re moving to ‘Roku City’Roku's screen saver has taken on a life of its own, becoming known as Roku City on social media, and fans are fantasizing about packing their bags to head there.
Leer más »