Rent prices rise across the country

Axios

The days of cheaper rents are over

Data: Dwellsy; Chart: Axios VisualsRent prices are rising rapidly across the country, and the number of people seeking rental apartments has returned to pre-pandemic levels or higher, according to home-search websites.Why it matters: As COVID-era restrictions expire — including moratoriums on evictions — and available housing stock continues to dwindle, expect once-desperate landlords to sit in the catbird seat as renters fork up.Get market news worthy of your time with Axios Markets. Subscribe