Greim, John Greim—LightRocket/Getty Images
By Ethan Wolff-Mann
October 19, 2015

Everyone knows how bad the rent is in New York City, and that it’s even worse in San Francisco. But according to a new set of rental data from RentRange, rents for single-family homes have exploded significantly in numerous locations around the country this year. Considering that the Harvard Joint Center for Housing Studies found that four in 10 rentals is a single-family home, the boom is affecting families as much as single city dwellers.

Not surprisingly the price increase for rental housing in San Francisco is near the top, but the Fort Myers, Florida area was actually hit the worst by the exploding rental market.

In addition to charting the rent increase from Q3 2014 to Q3 2015, RentRange included average rental yield for single-family homes—how much landlords make. Despite the coastal high rents, landlords made out better in the midwest.

Here’s the entire list:

Rank MSA Ranking by Year-Over-Year Rental Rate Increase – Q3 Change in Rent – Q3 Average Yield – Q3
1 Cape Coral-Fort Myers FL 23.6% 9.1%
2 Sacramento-Arden-Arcade-Roseville CA 17.6% 6.6%
3 North Port-Bradenton-Sarasota FL 17.2% 9.7%
4 San Francisco-Oakland-Fremont CA 17.0% 5.6%
5 Charleston-North Charleston SC 16.5% 9.0%
6 Los Angeles-Long Beach-Santa Ana CA 16.3% 5.6%
7 San Jose-Sunnyvale-Santa Clara CA 16.1% 4.7%
8 Denver-Aurora CO 14.6% 6.7%
9 Dallas-Fort Worth-Arlington TX 14.0% 13.4%
10 San Diego-Carlsbad-San Marcos CA 13.6% 5.6%
11 Nashville-Davidson-Murfreesboro-Franklin TN 13.2% 9.7%
12 Portland-Vancouver-Hillsboro OR-WA 12.6% 6.6%
13 Augusta-Richmond County GA-SC 12.3% 9.8%
14 Stockton CA 12.1% 7.3%
15 Seattle-Tacoma-Bellevue WA 11.9% 6.4%
16 Columbus OH 11.5% 12.4%
17 Tulsa OK 11.3% 11.7%
18 Kansas City MO-KS 10.6% 12.7%
19 Little Rock-North Little Rock-Conway AR 10.4% N/A
20 Tampa-St. Petersburg-Clearwater FL 10.3% 11.5%
21 Orlando-Kissimmee-Sanford FL 10.0% 10.6%
22 Oxnard-Thousand Oaks-Ventura CA 10.0% 5.7%
23 Birmingham-Hoover AL 9.8% 14.8%
24 Bakersfield-Delano CA 9.7% 9.6%
25 Houston-Sugar Land-Baytown TX 9.6% 14.0%

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