MARY LOUISE KELLY, HOST:Here’s some good news for renters – the cost of keeping a roof overhead is no longer going through the roof. After a rapid jump in recent years, rents have begun to level off around the country. In some areas, rents are even falling. NPR’s Scott Horsley reports.SCOTT HORSLEY, BYLINE: Elsa Marie moved to Tempe, Ariz., in 2022, near the peak of that city’s rental frenzy. Landlords were charging more than $2,000 for a house, and they wanted proof that Marie’s job in the travel business paid at least three times that much.ELSA MARIE: I’m a single mom, and I do not make that money. So I spent about a good six months sending in application after application.HORSLEY: Marie eventually found a place, but it wasn’t easy. Fast forward 14 months, though, and the hot Arizona rental market has cooled considerably. Marie’s about to move to a different house that will cost her less and says her new landlord was happy to make a deal.MARIE: It is exactly what I’m looking for and right next to my daughter’s school, and I think it was all the timing. The market has been, like, stalemate. The houses have been sitting for at least three months. Lan …
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