Under the Biden-Harris administration, the national average rent would rise 23% and the new Consumer Price Index (CPI) data According to the U.S. Bureau of Labor Statistics (BLS).
By February, the overall urban rental housing CPI had risen slightly after President Joe Biden and Vice President Kamala Harris took office in January 2021. By August 2024, the index had risen 79 points, or 23%, from 342 to 421.
UK Health and Safety Executive the study The surge affected Midwest cities somewhat more heavily, showing an increase of about 24% from January 2021 to August 2024.
The average rent in Hawaii, Washington DC and California is: American Community Survey$1,651, $1,607, and $1,586 per month, respectively.
Republican states South Dakota, Arkansas and West Virginia were in the bottom three at $761. Monthly rental rates are $760 and $732, respectively.
In New York City, one of the most expensive cities to live in the United States and the world, officials are offering undocumented immigrants $5,000 grants and gift cards to help them rent apartments, Breitbart News recently reported. Reported.
