The median United States asking rent rose 0.8 percent year over year in May to $1,653, the highest it's been since October 2022.
Ben Verde is a beat reporter for Inman, a leading real estate news source. With a wide range of experience in real estate journalism, Ben covers topics such as home sales, market trends, and notable listings. His work has been featured in various publications, including Courier Life Publications, Inc., Brownstoner, and amNewYork.