Redfin Report: Median rent for new leases in U.S. passed $2,000 in May .
But they're only looking at apartment buildings @adam
The city that saw the highest year-to-year rent increase on new leases was Austin, Texas, where rent shot up a whopping 48% from 2021. Seattle, Cincinnati and Nashville, Tennessee were all tied at a 32% increase in median rent, followed by Florida’s Miami, Fort Lauderdale and West Palm Beach at 29%.