Rent

 

The median monthly asking rent for housing was recently around $1,008. That’s up from 1989, when the rate was around $358, per data from the U.S. Census Bureau – a hefty 182% increase. If you convert the 1989 price into 2019 dollars, the rent was more like $740 – still considerably less than that $1,008.

 

A lot depends on what kind of housing you’re renting, though, and where you live. The folks at apartmentlist.com recently pegged the national median rent for a 1-bedroom dwelling at $959, and $1,190 for a 2-bedroom place.

 

Those rates were $602 and $773, respectively, in Oklahoma, while they were $1,448 and $1,846 in California. And even within a state, rates will vary considerably, depending on location.

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