#2 in the Country for Rising Rent…Portland, Maine
One might think the biggest increases would be coming out of the big and populated, but that's not the case. According to the Portland Press Herald, rent prices increased 17.4% in Portland in the past 12 months. This stat is only second to Jackson, Mississippi.
I have seen some people frustrated with the cost of living but also with the lack of apartments availalbe, which I'm sure has a lot to do with the increase. Have you noticed this while looking for a new place to rent over the past year? Let us know on our Facebook page.
Click here for the full story from the Portland Press Herald and what the city plans to do to help fix the problem.