South Florida isn’t likely to face as many steep rent hikes, study says

Rents are no longer soaring in South Florida: While costs remain high, a drastic surge in rental prices is not expected any time soon, according to a recent study.

The study, from researchers at Florida Atlantic University, Florida Gulf Coast University and the University of Alabama, illustrates how rent growth in South Florida and other major cities in the state fell below the national average.

“You’re not going to see rents jump again, apartments, homes, condos, whatever, you’re...