Nationwide, the median rent on a two-bedroom apartment was $1,300 in March, according to a report from ApartmentList.com.
But some cities are facing much steeper rents.
San Francisco has the highest rent in the nation at $4,780. While rents aren’t going to get any cheaper, they are expected to slow down a little this year.
“There is a little bit of a tech slowdown which impacts prices…they’ve started to hit the ceiling,” said Andrew Woo, data scientist at ApartmentList.com.