Data shows rent prices leveling off in Florida

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ORLANDO, Fla. — After years of skyrocketing growth, rent in Florida is starting to level off.

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According to Florida Atlantic University, the cost of rent in Florida grew slower than the national average of 3.57%.

In Central Florida, Palm Bay saw an average rent increase of 1.25%, year to year.

Read: Millions approved to assist affordable housing development in Orange County

Deltona came in at 1.3%.

And Orlando only grew by .9%, year to year.

Read: New details unveiled as Disney’s affordable housing complex overcomes rocky start

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