{"id":7116,"date":"2017-11-15T00:00:00","date_gmt":"2017-11-15T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/rental-costs-are-still-surging-in-these-cities\/"},"modified":"2017-11-15T00:00:00","modified_gmt":"2017-11-15T00:00:00","slug":"rental-costs-are-still-surging-in-these-cities","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/rental-costs-are-still-surging-in-these-cities\/","title":{"rendered":"Rental Costs Are Still Surging in These Cities"},"content":{"rendered":"<p>\n<\/p>\n<div readability=\"39.982456140351\">\n<!--\n\n<pre>-->  <\/p>\n<div property=\"dc:description\" readability=\"28.824561403509\"><!--paging_filter--><\/p>\n<p>Rents have been slowing in many areas, but exceptions are still giving renters sticker shock. Rents in the nation\u2019s largest cities, in particular, continue to grow.<\/p>\n<p>Nearly half of renters\u2014or 46 percent\u2014devote more than 30 percent of their income to rent, according to Census Bureau data. Economists consider that \u201ccost-burdened.\u201d<\/p>\n<p>SmartAsset, a personal finance website, analyzed data median household incomes and average rents and compared them in 2013 to 2016.<\/p>\n<p>Four of the top 16 cities with the largest rent increases are in California, according to the analysis. But it\u2019s New Orleans that saw the steepest run-up in rental costs from 2013 to 2016. Rental costs increased 10.5 percent in that time, more than any other U.S. city analyzed.<\/p>\n<p><strong><img data-recalc-dims=\"1\" decoding=\"async\" alt=\"\" src=\"https:\/\/i0.wp.com\/realtormag.realtor.org\/sites\/realtormag.realtor.org\/files\/rmo_files\/images\/2017_nov\/SmartAsset_rentallist.png\" style=\"width: 611px; height: 1083px;\"\/><\/strong><\/p>\n<p><em>Source: \u201cTop 10 Cities With the Largest Rent Increases\u20142017 Edition,\u201d SmartAsset (Nov. 14, 2017)<\/em><\/p>\n<\/div>\n<\/div>\n<p><a hre=\"http:\/\/feedproxy.google.com\/~r\/DailyRealEstateNews\/~3\/LswZSN7J5G8\/rental-costs-are-still-surging-in-these-cities\"> Realtors <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rents have been slowing in many areas, but exceptions are still giving renters sticker shock. Rents &hellip; <a title=\"Rental Costs Are Still Surging in These Cities\" class=\"hm-read-more\" href=\"https:\/\/amazingproperty.com.ng\/blog\/rental-costs-are-still-surging-in-these-cities\/\"><span class=\"screen-reader-text\">Rental Costs Are Still Surging in These Cities<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":7117,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[4],"tags":[617,41,818,479,678],"class_list":["post-7116","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-house","tag-property","tag-real","tag-realtor","tag-rental"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/SmartAsset_rentallist.png?fit=611%2C1083&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/7116","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/comments?post=7116"}],"version-history":[{"count":0,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/7116\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/7117"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=7116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=7116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=7116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}