Looking for inflation? One place you can find it is in national rent averages.
The Rent Cafe reports National Apartment Rents Hit a 14-Month Growth Plateau in March Amid Small City Boom.
Highest and Lowest?
In an email, the Rent Cafe confirmed the national average is weighted by population.That is how it should be. Larger cities should factor in more than smaller ones.
Rent inflation and deflation vary widely.
Year-Over-Year Hourly Earnings
On average, rental prices chew up any increase in hourly wages.
Other than studio apartments, rent is rising faster than wages.