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- Rent is heading higher across much of the US, even though apartment supply is up.
- College towns are seeing some of the largest year-over-year jumps as students move in.
- Here are 10 cities where rent is cheaper than the national median and falling quickly.
A key factor in the US rental market is still heading in tenants' direction — but rent itself isn't.
The median monthly cost of staying in an apartment in large US cities hit an all-time high in August, new research from real-estate site Zumper shows. A one-bedroom setup cost $1,534 while two-bedroom fixtures went for $1,915, which are both up by a few dollars from July's rates.