Rent prices are soaring as Americans flock back to cities

Phoenix is among more than a dozen cities that have seen over a 10 percent spike in rents in the past year, according to Zillow, a real estate website for sales and rentals. The top cities for soaring rents include Boise, Idaho, Riverside, Calif., Spokane, Wash., Tucson, Stockton, Calif., and Las Vegas — what Realtors have dubbed the “Inland West.” Realtors in these places say they have been inundated with calls from young people and families who want to relocate from pricier parts of California and Washington state.