Escalating rents are forcing some tenants to move, struggle to find affordable homes.
More and more tenants face skyrocketing rents, forcing some to move, while others struggle to find apartments they can afford.More and more tenants are facing skyrocketing rents. It's forcing many to move, and others to struggle to find housing they can afford.Rents are up 14.7% over the past twelve months in Houston, according to ApartmentData.com. The average rent is $1,200 a month, up from just under $1,050 at the same time a year ago. And occupancy is 91.5%.
"If you don’t have a good-paying job, I don’t know how you could afford that honestly," Willig told us. Plus property managers say they're facing higher costs for property taxes, utilities, insurance, supplies, and labor.
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