Rent Prices Jump a Half-Percent in September

The latest Consumer Price Index backs up what renters already know: They are paying a lot more.

The latest Consumer Price Index backs up what renters already know: They are paying a lot more.

Rent went up a half-percent in September, the biggest hike in 20 years.

While it may not sound like much, rent is typically the largest single monthly expense, and analysts say this increase is another sign of inflation.