In many parts of the country, renters can breathe a tiny sigh of relief: Price increases are cooling off — and prices are even falling, in some cases.
Though rent prices nationally have climbed about 19 percent since 2019, prices increased only about 1 percent in the past year, according to a Washington Post analysis of rent data from CoStar Group. That pace is down considerably from the steep price growth seen in 2021 and 2022.
See how rents have changed in your area.
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