Top Ten Videos to watch

47th NAACP Image Awards Presented By TV One - Press Room
A Man Operating A Tv Camera
Maurice White
'News One Now' With Roland Martin Taping
Bill Cosby
Activists In Los Angeles Gather To Burn Likenesses Of The Confederate Flag
Flint Firebirds V Windsor Spitfires
CBC Message To America: Rep. Conyers Addresses The Damage Inflicted On Our Communities By Poverty, Mass Incarceration And Lack Of Economic Development
Iowa Caucus Ted Cruz
NewsOne Now NAACP Image Awards Preview
Student sitting at a desk in a classroom
Slavery Stock image
The 16th Annual Wall Street Project Gala Fundraising Reception
Ava DuVernay
Roland Martin Blasts Stacey Dash For Comments About BET, Black Networks
President Obama Delivers State Of The Union Address At U.S. Capitol
Ava DuVernay
2016 North American International Auto Show
Democratic National Committee Presidential Primary Debate
88th Oscars Nominations Announcement
Democratic debate
Dream Speech
GOP Presidential Candidates Debate In Charleston
US President Barack Obama speaks on the
2011 Winter TCA Tour - Day 5
LOS ANGELES, CA - FEBRUARY 18, 2015: Two wooden stand-in Oscar statuettes are ready to be taken on
Woman Holding Dollars - Isolated
Leave a comment

By Jeneba Ghatt

A recent report revealed that the Washington, DC, metropolitan area has had one of the highest rent hikes in the nation. Bloomberg Business week assessed data from Axiometrics, a company  that measures performance in the rental apartment sector, and came up with a list of the top 25 American cities where rents have increased substantially in 2010.

The Washington, DC, Arlington and Alexandria region showed an average monthly rent of $1,473, up 7 percent from a year ago. The reason for the spike has to do with the fact that there is low unemployment, but high demand in that region.  Vacancies move fast.

Of the 88 metropolitan areas that Axiometrics surveyed, the only ones where rents decreased were…

To read more, click here.

Also On News One: