The Chicago area saw the largest increase in apartment rents in the past year among the country’s 10 biggest metro areas.
Rents also rose in Illinois as a whole while falling in the country, according to rental site Apartment List.
The 3.1% year-over-year increase in the Chicago area as of June was almost double the New York area’s 1.6% and almost triple Philadelphia’s 1.1%.
In the Los Angeles area, rents fell 1.1% in the past year and dropped 3.5% in Phoenix.
Rents rose 7.8% in Champaign-Urbana, the fourth-highest jump in the country and topping even the San Francisco area’s 7.4% increase. Rents were up 7.2% in the city of Chicago.
The biggest jump in the U.S. was 16.5% in the Lake Charles, Louisiana, area.
