Apartment Rents Expected to Rise 5 Percent

Apartment Rents Expected to Rise 5 Percent

By Noelle Knox, USA TODAY
Updated 5/30/2006 11:30 AM ET
If you're a renter trying to save for a down payment, or you're just trying to move out of your parents' home, it'll likely get harder this year. Rents are rising faster than they have in six years.
Apartment rents are expected to increase 5.3% this year — about double last year's increase — the National Association of Realtors