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Here are the 8 top cities people are moving to for cheaper rent

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Here are the 8 top cities people are moving to for cheaper rent


  • Rents skyrocketed after the pandemic, and they’re not showing any signs of slowing down.
  • Now, consumers are either moving to different states or downgrading their apartments to save money.
  • Bank of America shares the top eight cities people are moving to for cheaper rent.

It’s one of your biggest monthly expenses, and it’s only increasing every year.

A recent Redfin report found that the median rent in the US is now $1,634 — up 20% from pre-pandemic times. Rents have gone up significantly in just the last year, too. According to Consumer Price Index data, you’re paying almost 5% more to rent the same apartment compared to this time a year ago.

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The rent hikes are driving people to move to cheaper areas, according to Bank of America. In an October 30 client note, the bank found that based on its deposit data, the average consumer’s rent payment increased 3.7% year over year in September 2024. That discrepancy between Bank of America’s data and the official rate of rent inflation indicates that people are moving to find more affordable rent instead of staying put, the bank said.

Consumers are either moving away from high-cost-of-living areas or downgrading within the same city to save money. Renters make up around 34% of all US households and are disproportionately younger and lower-income consumers, meaning that they’re more price-sensitive.

This isn’t a new trend — the pandemic led to many people moving to places with cheaper rent as remote work became normalized. Now, persistent rent increases are pushing consumers to continue moving in search of lower housing costs.

Bank of America analyzed the number of address changes among its customer base to track migration trends. The bank found that areas of the West and Northeast are seeing an especially big exodus of consumers, with rental inflation in the Northeast rising the fastest. New York, Boston, San Francisco, San Jose, and Los Angeles are seeing the biggest net outflows of residents as many consumers are being priced out.

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On the contrary, people moving to Southern states saw only a 2% increase in new rents, below the rate of inflation. The Midwest was also a popular destination for consumers moving across state lines, as rents there are relatively low compared to the rest of the country.

Bank of America identified eight cities where people are moving to for cheaper rent below the national average, indicated by a net positive population inflow in Q3 2024. Included also is the median asking rent for September 2024, provided by Redfin.





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Cleveland, OH

Ask Yadi: Who to tell about a family health crisis: Navigating communication during uncertainty

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Ask Yadi: Who to tell about a family health crisis: Navigating communication during uncertainty


CLEVELAND, Oh – My vibrant, active 84-year-old father started having seizures this week. He’s otherwise very healthy, so seizures came as a surprise. An MRI in the local ER determined that he has brain tumors. We won’t know until later this week if they’re benign or malignant. This is a tough situation for our family.

My question is who do we tell? Do we keep the information to our immediate family until we know more? Do I tell close friends now or later? What and when do I tell anyone at work? Who do I tell at work? Will people think I’m dramatic if I tell them? Will they think I’m rude if I don’t?

I just don’t know what to do.

ANSWER: First off, wishing you and your family the very best. Health issues are always difficult, but they’re especially tough during the holidays. It’s shocking to go to the hospital for one issue and discover something unexpected.

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As for who to tell, that completely depends on how close your family is, how they handle this type of news and how supportive they will be. I am glad that you have immediate family around who can be there with you during this time. If you don’t have a close relationship with your immediate family members, it’s okay to lean on trusted friends outside the family if needed for personal support.

It is OK for you to keep the news within your immediate family until you know more. If you feel that they do need to know, perhaps you have one person assigned to be the “contact” person. Most families have one person who’s good at sharing news. You can let them know and assign them to share the news with everyone else.

The last thing that you need while sitting with your father is a barrage of questions and texts that you just can’t answer right now. Once you get the diagnosis that may be the time to share all of the information.

You can also ask your father what he would prefer, if he is up to it. He may not want anyone else to know yet. Or he may say, tell them all. Give him the option to decide, if he is able to communicate his wishes. This may alleviate some of your stress, which is the last thing you need.

As for work, don’t worry about being dramatic. Do what’s comfortable for you. You can speak specifically to HR if you aren’t comfortable sharing with your boss. If you are close to specific co-workers share with them what you are comfortable with.

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Braves Reach Contract Agreement with Former Guardians Elite Reliever

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Braves Reach Contract Agreement with Former Guardians Elite Reliever



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CLEVELAND, OH – AUGUST 18: James Karinchak #99 of the Cleveland Guardians pitches against the Detroit Tigers during the eighth inning of game one of a doubleheader at Progressive Field on August 18, 2023 in Cleveland, Ohio. (Photo by Ron Schwane/Getty Images)

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The Atlanta Braves have popped up in the news again across Major League Baseball for making a signing. On the first day of the MLB Winter Meetings, not much has taken place in terms of players signing and trades taking place.

However, the Braves made a semi-meaningful move late Monday night by signing former Cleveland Guardians pitcher James Karinchak to a minor-league contract. Ken Rosenthal of The Athletic was first on the news.

More MLB on Heavy: Braves Writer Urges Atlanta to Make Trade with Brewers for 2-Time All-Star Starter

James Karichak Reaches Deal with Atlanta Braves

The Atlanta Braves and James Karinchak agree on a minor-league deal, which gives the former Guardian pitcher a fresh start. It’s unclear if he will be on the big league roster come March, but it’s a cool reclamation project for the Braves to see if he has anything left.

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He last appeared in an MLB game back in 2023 and failed to get past the minors in 2025 with the Chicago White Sox. He was cut by Chicago back in June. Karichak will presumably start the 2026 season in AAA-Gwinnett and add some organizational depth to the pitching staff.

GettyCLEVELAND, OH – AUGUST 18: James Karinchak #99 of the Cleveland Guardians pitches against the Detroit Tigers during the eighth inning of game one of a doubleheader at Progressive Field on August 18, 2023 in Cleveland, Ohio. (Photo by Ron Schwane/Getty Images)

Because of shoulder injuries, which is the reason he missed all of the 2024 season, Karichak has had a hard time making it back, but his career numbers are actually pretty productive. He pitched in parts of five seasons with the Guardians, posting a 3.10 ERA over 165.2 innings and 253 strikeouts.

2022 was Karinchak’s best season as a pro. He posted a 2.08 ERA in 39 innings and 38 appearances. His arsenal features a fastball and a hard 12/6 curveball, which has the ability to really keep hitters off balance.

More MLB on Heavy: Braves-Rays Trade Idea Sends $73 Million All-Star to Tampa in Return for Shane Baz

Karinchak Was Even Briefly the Guardians’ Closer

James Karinchak has plenty of service time in MLB. The question is whether his shoulder is healthy or not. Back in 2021, he recorded 11 saves for the Guardians and was considered a good backend bullpen piece for Cleveland.

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This is yet another small move for the Braves front office this offseason. After re-signing closer Raisel Iglesias to a $16 million deal, Atlanta also signed reliever Joel Payamps to a $2 million deal. The bullpen is considered a position of need for the Braves heading into 2026.

Among other things, Atlanta could also use another infield bat and a depth starter.

It will be interesting to see what kinda buzz starts to pick up at the winter meetings throughout the rest of the week, and if the Braves are a part of the fun.

More MLB on Heavy: Braves Predicted to Cut Ties with 3-Time All-Star Amid Offseason Decisions

 

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26 thoughts about Ohio State football’s 2026 recruiting class

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26 thoughts about Ohio State football’s 2026 recruiting class


Ohio State general manager Mark Pantoni helped put together a top 10 class.David Petkiewicz, cleveland.com

COLUMBUS, Ohio — Ohio State football’s hectic week is now complete, as the Buckeyes have put together a top 10 recruiting class for the 2026 cycle.

And despite Saturday’s loss to Indiana in the Big Ten Championship Game, the Buckeyes still had some good news in the last few days.

Here are some thoughts (26 to be exact) about the 2026 class:

Andrew Gillis covers Ohio State football and recruiting for Cleveland.com. He provides updates on Ohio State football as a whole, its prospects and the Buckeyes each week. He previously covered the Bengals for…



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