See how much renters pay for a 2-bedroom home in 50 U.S. cities
Nearly half of renters spend more than 30% of their income on housing. Here's what it costs to rent a two-bedroom home in 50 U.S. cities.
Rents
Starter Homes are a Million Bucks Now
Starter homes now cost $1 million in many parts of the country, leaving younger generations wondering whether homeownership is still a realistic goal. Jill asks whether buying a house should remain a cornerstone of the American dream, or if the idea itself has become outdated. Plus, caller questions: Dorian is feeling the financial strain of wedding season as travel costs, gifts and pricey trips pile up. And Andrew, a new dad, wants to know whether now is the right time to buy term life insurance. Have a money question? Email askjill@jillonmoney.com.
Rents around the U.S. are growing more slowly than they have in years
The cost of renting a home, which surged during the pandemic, is showing signs of returning to earth, new data shows.
A new buy now, pay later option from Affirm will help tenants cover rent
A new BNPL pilot from financial technology company Affirm will give renters the option to break up their rent into two equal payments.
These U.S. cities have seen the biggest rent increases since 2020
Rents in the 50 largest cities have surged by hundreds of dollars per month over the last five years, a LendingTree analysis found.
Feds accuse Zillow of paying Redfin $100 million to "stop competing"
The FTC alleges the online real estate firms agreed not to compete against each other in the market for placing rental housing ads.
Here's how much per month it costs to own a home in the U.S.
The cost of both owning and renting a home in the U.S. is rising, according to Census Bureau data, squeezing millions of Americans.
Southern cities offer U.S. renters the best value, analysis finds
RentCafe.com study assessed the top U.S. cities for renters based on apartment quality, economic strength and other metrics.
Furniture rentals that change with you
The average American moves more than 11 times. Subscription-based furniture rental startup Feather aims to follow customers along the way with alternatives to purchasing cheap, disposable furniture with each move.
8 U.S. cities where you must earn at least $100,000 to live comfortably
Since the pandemic, the monthly rent for a typical apartment around the U.S. has surged almost 30% to $1,858, Zillow data shows.
25 U.S. cities where $100,000 a year isn't enough to get by anymore
In these major U.S. cities, a family of three earning $100,000 would have a hard time covering basic expenses.
Los Angeles wildfires exacerbate the region's housing crisis
The wildfires have destroyed more than 12,000 structures, and a Southern California housing shortage that was already serious has been made even more dire.
Bilt Rewards announces new program
One-third of Americans who rent may not realize their payments don't necessarily contribute to their credit score. Bilt Rewards offers renters the chance to report payments, earn rewards, and track mortgage progress. Founder and CEO Ankur Jain explains a new program that will give homebuyers rewards, too.
What inflation data means for consumers
The Labor Department data released Wednesday showed that inflation ticked back up in October, which is what economists were expecting. CBS News MoneyWatch correspondent Kelly O'Grady has more on what it means for consumers.
Built-to-rent communities are a rising U.S. housing market trend
Though a growing industry, build-to-rent communities made up only 7.9% of new residential constructions last year.
Affording a home in the U.S. increasingly seems like an impossible dream
Millions of Americans are struggling to keep up with the rising rent, while buyers say the housing market is "nuts." What in the world is going on?
U.S. Justice Department sues RealPage, alleging it enabled price-fixing on rents
The DOJ alleges RealPage colluded with landlords to inflate rental housing prices, harming millions of Americans.
Rents are cooling off, bolstering Fed's case for cutting rates
After years of soaring housing costs, renters are getting some relief as the Federal Reserve looks to extinguish inflation.
Biden administration says it wants to cap rent increases at 5% a year
The Biden administration wants a new law that would cap annual rent increases at no more than 5% — or landlords would lose a major tax break.
Evictions surge in Phoenix as rent increases prompt housing crisis
Since March of last year, Maricopa County has led the nation in the number of eviction filings.
This midsize Northeast city has the fastest growing rent in the nation
Priced out of homebuying market, renters turn to more affordable big-city-adjacent locales in Midwest and Northeast.
Rents are rising far faster than wages, especially in these U.S. cities
The median U.S. rent now hovers around $2,000 a month, consuming a growing chunk of people's paychecks.
Presidential candidates address housing costs
Data from the Federal Reserve shows price indexes for homes and rents are up nearly 50% compared to before the pandemic. Jeanna Smialek, Federal Reserve and U.S. economy reporter for The New York Times, joins CBS News to examine how much a president can do to curb prices.
High rents leave many financially stretched
While rents have been easing for the past few months nationwide, prices are still up significantly compared to before the pandemic, largely due to inflation. Providence, Rhode Island, saw one of the highest rent increases in the U.S. last year, and according to researchers, you need a salary of close to $83,000 to afford a two-bedroom apartment there. Nancy Chen reports.
Record number of Americans are homeless amid nationwide rent surge
Rents over the last two decades have risen much faster than employee pay, contributing to an escalating homelessness crisis in the U.S.
FlyDubai co-pilot was likely lone wolf, Israeli investigators believe
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CBS News poll finds Democrats maintain House advantage amid concern about prices
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