Home Economy Economic Activity Providence metro median rent rising faster than rest of the country, study...

Providence metro median rent rising faster than rest of the country, study finds

THE MEDIAN RENT in the Providence-Warwick, RI-MA, metropolitan area rose by 21.55% year over year in December to $2,752, the highest percentage increase among the 50 metro areas analyzed by rent.com. / PBN FILE PHOTO/PAMELA BHATIA

PROVIDENCE – The cost of renting an apartment in the Providence-Warwick metropolitan area, which includes all Rhode Island counties and Bristol County, Mass., has gotten more expensive. The Providence metro median rent rose by 21.55% year over year in December to $2,752, the highest percentage increase among the 50 metro areas analyzed by rent.com. The

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