Apartment costs surge across the board

The Gulf Coast's major cities are seeing unprecedented spikes in apartment rental costs.


  • By Brian Hartz
  • | 2:00 p.m. April 13, 2022
  • | 0 Free Articles Remaining!
Mohd Azrin/Unsplash.com. Rents have increased at an alarming rate up and down the Gulf Coast.
Mohd Azrin/Unsplash.com. Rents have increased at an alarming rate up and down the Gulf Coast.
  • News
  • Share

It’s become painfully obvious that the cost of housing, whether you choose to rent or buy, is at unprecedented levels up and down the Gulf Coast. Gone are the days when a worker could expect to spend no more than 25%, or even 30%, of his or her annual wages on a place to live.

New research from Rent.com, however, paints an even bleaker picture.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news

Latest News

Sponsored Content