Multiple US Cities Report Apartment Rent Increases Since Last Year

Apartment rental prices have generally risen across various U.S. metropolitan areas according to recent data from rental marketplace Zumper. In Abilene, Texas, median rents increased 12% to $1,395, while Wichita Falls saw a 5% rise to $1,000, though rents there remain significantly below the Texas state median. Monmouth, Illinois experienced a 6% increase with median rents at $950, which is about half the state median. In Burlington, Vermont, prices jumped 7% to a median of $3,000, with a sharp 30% increase from the previous month. Norwich, Connecticut saw the largest increase at 19%, with median rents reaching $1,850, slightly below the state median. These trends reflect a broader national pattern of stable to slightly decreasing rental prices, but with notable regional variations and some areas experiencing significant year-over-year increases.