Rents to rise at steady clip, forecast says via USAToday.com

Apartment rents will go up again next year for the fourth consecutive year as the economy improves — good news for landlords but tough on renters.

Rents for apartments — which make up about half of all rental housing — will jump 4.6% nationally next year after a 4.1% increase this year, the National Association of Realtors predicted Monday in its commercial forecast.

Rents will keep rising, more than 4% a year for 2014 and 2015, says market researcher Reis.

Read more...Rents to rise at steady clip, forecast says via USAToday.com