Rent has increased about 100% in my area in 10 years, Lebanon TN, a suburb east of Nashville.
Wilson pop has doubled in 20 years
Lots of new apartments but not enough
I have a rental in Smyrna.
If the tenants pay on time and take care of it, their rate will follow the tax rate.
In 10 years I have raised it only $300. Home was built in 2008 with attached 2 car garage.