Houston renters getting hit with some of the highest increases in nation (Chron.com)

Photo by Andrew Zarivny/GettyImages/iStockphoto

Photo by Andrew Zarivny/GettyImages/iStockphoto

By Heather Alexander

Houston renters are feeling the pinch as they face some of the highest price hikes in the country, according to a new report from researchers at Harvard University.

Of the 93 metro areas measured, Houston made it into the top 10 among large cities with rate increases at 4.8%. That’s more than 3 percentage points above inflation. Among all cities nationally, Houston is 15th on the list of rent increases.

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