Rent is the amount of money paid by a tenant to a landlord for the use of a property, such as an apartment or house. This payment is typically made on a monthly basis and is outlined in a rental agreement, which specifies the terms and conditions of the tenancy.
The cost of rent can vary widely based on factors like location, size, and amenities of the property. In many places, real estate markets influence rental prices, and tenants may negotiate rent amounts or seek assistance through housing programs if they face financial difficulties.