Millennials who can't afford to buy homes are helping make suburban Chicago and Miami the most competitive rental markets in the US

Millennials who can't afford to buy homes are helping make suburban Chicago and Miami the most competitive rental markets in the US

Jakub Porzycki/Getty Images

With much city real estate increasingly out of reach and many millennials finally settling down, the suburbs are in high demand. And nowhere is that more evident than in Miami-Dade County in Florida, which is the most competitive rental market in the country, according to a new report from RentCafe.

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