Housing costs are soaring
As DFW’s population increases, housing is in short supply, but Scott Carnes has a few ideas that may give you an edge DAVID TAFFET | Senior Staff Writertaffet@dallasvoice.com Think your rent is too damn high?
Spiking rents are the trend around the country, but Dallas and other cities in the DFW area don’t even rank in the top 10 in price hikes.
The No. 1 spot for annual percentage increase is Austin where residents are paying 40 percent more this year than last. As of December 2021, the average renter was paying $2,290 per month for an apartment or rental property.
The rest of the Top 10 list includes New York City and three surrounding suburban areas, four cities in Florida and, at No. 10, Portland, Ore., with a 29 percent increase and average rents even higher than in Austin.
