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Nearly 80,000 group left New York City conscionable past year, according to nan latest Census Bureau data.
The information for galore is that big-city rents are expanding and group are looking for a much affordable lifestyle.
"Good luck to anyone trying to move find an apartment. It’s not easy," said New York City resident, Sophie Aldoh.
RISING RENT PRICES PUSH RECORD NUMBER OF AMERICANS TOWARD HOUSING CRISIS, PROMPTING LEGISLATIVE ACTION
According to nan Census Bureau, connected average, counties successful nan South knowledgeable faster maturation successful 2023 than successful 2022. (Kailey Schuyler / Fox News)
Realtors successful New York City are seeing prices for flat rentals jumping double digits.
"Prices are decidedly up. In nan past 2 years, I would opportunity they went up a bully 30 to 35%," said Alpha Properites caput Licensed Real property Broker, Sunny Zachi.
That's nan nonstop logic Olivia Mitros decided to time off New York City and commencement a caller life successful Georgia.
"I conscionable realized, you know, location are a batch of different really ample U.S. cities that I could unrecorded in, that I tin person truthful overmuch much conscionable for nan money I make," said Mitros.
RENT PRICES IMPACTED BY 'APARTMENT-BUILDING BOOM,' REDFIN CHIEF ECONOMIST SAYS
One-bedroom rentals are up $24 a period from 2022. (Kailey Schuyler / Fox News)
The mean value of a one-bedroom flat successful nan United States is $1,208. That's up $24 a period from 2022.
Zachi partially blames nan pandemic for nan uptick successful rent prices crossed nan country.
"During that time, little and little developers built caller flat buildings. We are seeing that effect now. So location was astir a 4th of what should person been built that was built successful 2023," said Zachi.
Other states seeing group bolt are California, Illinois, and Pennsylvania. The states seeing an increase of group moving successful are Arizona, Texas, and Florida.
MILLENNIALS LAMENT BEING UNABLE TO AFFORD HOMES, PAY RENT: ‘THIS IS INSANE'’
Americans are bolting retired of costly large cities (Kailey Schuyler / Fox News)
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"I graduated assemblage 2 years ago, now a batch of my friends are choosing not to enactment conscionable because it's truthful expensive," said New York resident, Olivia Nini.
Some renters recognize they tin get much bang for their subordinate successful different cities.
"I lived successful a fifth-floor walkup successful New York. No washer and dryer, nary dishwasher. Here successful Atlanta, I person a two-bedroom and a washer and dryer. I unrecorded successful a luxury building and I salary less," said Mitros.
If you are looking to move, now is nan champion clip to flat hunt. Zachi says prices jump erstwhile nan summertime hits.
