BAY COUNTY, Fla. (WJHG/WECP) — Rent prices across the country have hit record highs again. A CNN report shows the national median rent hit a new high of nearly $1,900 per month. This is the 17th month in a row that the rent has increased. This is more than 12% compared to a year ago.

And if you’re considering renewing your lease locally, be prepared. It looks like most resorts in Bay County are increasing their prices from last year.

“It’s increasing dramatically for a lot of people, especially young people trying to live on their own,” said Panama City Beach resident Freya Himes.

Counts Realty Group estate agent Kristian Hall said local rent was up 12% from a year ago, matching the national record.

“I have a few people I work with right now who are struggling to find one in their price range,” Hall said.

According to the Florida Department of Numbers, the average rent in Bay County for 2019 was just over $1,200. Hall said rent prices now range from $1,750 to $5,000 a month in Bay County.

“Prices are going up because expenses are going up, taxes, utilities, homeowner expenses are going up as well. Inflation itself has a direct impact on rental prices,” Hall said.

Local tenants said they had suffered the sting of rising rental rates firsthand.

“It went from something like $1,600 to something like $2,100,” Himes said.

Some are even forced to leave apartment complexes.

“You can’t start a life here with rent prices, it’s ridiculous,” Himes said.

According to RentData.Org, Bay County rent is 77% more expensive than the state. But that still doesn’t seem to be turning people away.

“They always come. It doesn’t have much of an impact on moving here,” Hall said.

An impact that most would say is still worth living near some of the best beaches in the world.

That same CNN report said tenants in Miami are the hardest hit, with their rent up 26% from a year ago.

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