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Rent prices have dropped the most in these 5 U.S. metros. Why it's cheaper to rent than buy in many markets

Por: CNBC Business January 27, 2023

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Colorful cafe bars at the iconic Beale Street music and entertainment district of downtown Memphis, Tennessee.benedek iStock Getty ImagesDespite broad hikes in rental prices, competition is easing in some U.S. markets as inventory grows, according to a from national real estate brokerage HouseCanary.At the end of 2022, the median U.S. rent was $2,305, which was nearly 5% higher than a year earlier. But median rents ended 2022 almost 6% lower... + full article



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