Millions of Americans Forced to Move as Rent Prices Skyrocket Nearly 40% Across the US

Rent prices in the US rose 14% last year, hitting an average cost of $1,877 per month. In cities like Austin, New York City, and Miami, costs have increased between 35 and 40%, with inflated prices expected to rise by an additional 10%, according to the real estate firm Redfin.