Atlanta, Georgia—In 2016, when the city of Atlanta’s median income was $35,000, Atlanta’s average rent was $1,250 per month, according to data from the city’s real estate bureau.Now, Atlanta is spending $2.5 million on rent and utilities in the city, which will make the average tenant spend nearly $400 more per month. “We have to get…
The Real Estate Board of Texas said Friday it is waiving a rental property tax in Dallas-Fort Worth and will let the property owner pay it to the county.The Board said the property was assessed at $2.2 million, but the real estate board said the tax would have been $2,917,000 if it was assessed the…
A Missouri landlord has been charged with felony charges of violating state law by failing to properly disclose the amount of his rental payments.The St. Louis County prosecutor’s office announced Wednesday that the man, who lives in the town of St. Joseph, was arrested in St. Charles County and charged with one count of failure…
A new report from the real-estate website Zillow found that the average rent for a new home in the U.S. is $1,100 per month, a 30% increase from the year before.And when the average monthly rent was adjusted for inflation, that figure jumped to $1.26 per month in 2017.That’s up an additional 5.3% from the…