El Paso second in nation for cities with fastest growing rent
POSTED: Thursday, April 10, 2014 - 8:25am
UPDATED: Thursday, April 10, 2014 - 8:26am
El Paso, TX (KDBC) — We all know the cost of living can get pricey, but if you think the cost of rent has been skyrocketing in the Sun City, you're right.
Nerdwallet.com has listed El Paso second in the nation for fastest growing rent.
According to the blog, El Paso's strong economy has led to a 33.5% jump in rental costs over the last five years.
The site shows these rent increases indicate the cities are on the rise, attracting residents and businesses that drive up rents.
To read the full article, go to http://www.nerdwallet.com/blog/cities/homeownership-2/cities-with-fastes....