Rent spending in Providence metro rises 2% in 2019

TOTAL RENT paid in the Providence metro area was estimated to be $2.4 billion in 2019, a 2% increase year over year. / BLOOMBERG NEWS FILE PHOTO/ TY WRIGHT
TOTAL RENT paid in the Providence metro area was estimated to be $2.4 billion in 2019, a 2% increase year over year. / BLOOMBERG NEWS FILE PHOTO/ TY WRIGHT
PROVIDENCE – People in the Providence metropolitan area spent an estimated $2.4 billion on rent in 2019, a 2% increase year over year, Zillow said in a report released on Thursday. The increase was slower than the 2.9% increase nationally year over year. American renters spent $512.4 billion on housing for the year. Spending on…

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