10 Cities Where Rents Are Rising the Most

By SHARE

Washington, D.C.

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Average rent: $1,521

Annual increase:
5.4 percent

Unemployment rate:
5.8 percent

There’s been no recession to speak of in the nation’s capital, where the federal government is a huge industry of its own. In addition to federal workers, D.C. is filled with contractors, lobbyists, and trade groups that feed off the government sector. That has keep demand for all kinds of housing strong.

Next: Greenville, S.C.