Thousands of apartment complexes have had rents go from $750/month to $2,200/month. Go to the Apartment Guide and call up any one or a dozen of them that have a 1 bedroom for $2200/month and ask then how much it rented for 5 years ago.
The one I head about recently was from a guy I met in the VA hospital. I dont know the name of that particular complex, but I dont need to know it. They are all like that. I can tell you 2 complexes where I lived and their rents, and you can call them & check.
1. Oakwood Apartments
1104 E 140th Ave, Tampa, FL 33613
I paid $600/mo in 2021. Rent now > $1200-$1600/mo. (167% increase)
2. Turtle Creek Apartments -
14620 Turtle Creek Cir Lutz, FL 33549
I paid $559/mo in 2019. Rent now > $1480- $1570 (181% increase)
Tulip - 1 Bedroom 1 Bath
www.liveatturtlecreek.com
According to Rent Research, April 2024 Rent Report, the national median price of an apartment in March was $1,987. But in many states it is much higher.
In New York - $2,869
California - $3,007
Connecticutt - $2,368
Colorado - $2,098
Georgia - $1,817
Florida - $2,117
The rental market ticked up in February, with asking rents rising 0.4% year over year. Learn more in our monthly average rent report.
www.rent.com