Average Rent in the United States , Climbs to $2,000 Per Month.<br />A recent analysis of rent prices in the United States from Redfin shows housing prices <br />have increased 15% in the last year.<br />For the first time in the nation's history, apartment rental prices have risen <br />above an average of $2,000 a month.<br />In Austin, Seattle and Cincinnati, <br />rent prices have soared 30%.<br />In Austin, Seattle and Cincinnati, <br />rent prices have soared 30%.<br />In Austin, Seattle and Cincinnati, <br />rent prices have soared 30%.<br />In Los Angeles, the average <br />rent is now $3,400.<br />Historically affordable cities such as Nashville have experienced a boom in rent prices, soaring 32% in the last year.<br />Housing is getting less affordable for everyone at every level. , Daryl Fairweather, chief economist for Redfin, via NPR.<br />Experts say in the decade following <br />the country's last housing crisis, the <br />building of new homes subsided.<br />Therefore, a lack of supply has increased prices, making it difficult for many <br />to consider buying a home.<br />As many Americans are left to rent instead <br />of buying a home, rental prices have also experienced ballooned rates.<br />Rents are going up just as fast as home prices are. , Daryl Fairweather, chief economist for Redfin, via NPR
