10 Markets Where Rents Are Rising Most

No two housing markets are alike—rents included. A recent analysis by GOBankingRates identifies the markets where rents have risen the most year-over-year, with two states dominating the ranking:

1. Marina del Ray, Calif.
May 2016 Rent: $ 2,800
May 2017 Rent: $ 3,241.50
Year-Over-Year Rent Rise: $ 441.50

2. Medford, Mass.
May 2016 Rent: $ 1,600
May 2017 Rent: $ 2,005
YoY Rent Rise: $ 405

3. Jersey City, N.J.
May 2016 Rent: $ 1,950
May 2017 Rent: $ 2,235
YoY Rent Rise: $ 285

4. Columbia, Md.
May 2016 Rent: $ 1,335
May 2017 Rent: $ 1,612
YoY Rent Rise: $ 277

5. Corona, Calif.
May 2016 Rent: $ 1,238
May 2017 Rent: $ 1,511.50
YoY Rent Rise: $ 273.50

6. Euless, Texas
May 2016 Rent: $ 795
May 2017 Rent: $ 1,049
YoY Rent Rise: $ 254

7. Phoenix, Ariz.
May 2016 Rent: $ 850
May 2017 Rent: $ 1,084.50
YoY Rent Rise: $ 234.50

8. Foster City, Calif.
May 2016 Rent: $ 2,741
May 2017 Rent: $ 2,968
YoY Rent Rise: $ 227

9. Newark, N.J.
May 2016 Rent: $ 880
May 2017 Rent: $ 1,100
YoY Rent Rise: $ 220

10. Chula Vista, Calif.
May 2016 Rent: $ 1,440
May 2017 Rent: $ 1,659.50
YoY Rent Rise: $ 219.50

Source: GOBankingRates

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