GREENSBORO, N.C. (WGHP) — Greensboro ranked #14 among the top cities in the US in a report tracking month-to-month rent increases.
Rent in Greensboro went up 2.2% month-over-month in June, compared to a 1.3% increase seen across the nation.
This time last year, Greensboro’s year-over-year rent growth was at 13.4%. It’s now at 21.5%.
Greensboro ranked #8 among the top cities in the US in a report tracking month-to-month rent increases.
Year-over-year growth in Greensboro ranks #8 among the nation’s 100 largest cities, according to the report.
Since the start of the COVID-19 pandemic in March 2020, rent in Greensboro has increased by 41.7%
The median rent in Greensboro is currently $1077 for a one-bedroom apartment and $1246 for a two-bedroom apartment.
Source: Fox 8 News Channel
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