Average cost of rent rising in most U.S. cities

Average cost of rent rising in most U.S. cities

Average cost of rent rising in most U.S. cities

The cost of rent is on the rise in nearly 400 cities across the U.S. The national average has risen more than 25% since June 2021. Brian Carberry, senior managing editor at apartmentguide.com, joins CBS News to discuss what’s driving prices up and what cities you might want to avoid if you’ll looking for cheaper rent.