Warning for renters: Signing a new lease during the summer comes at a premium

Think the rent is too high? Then you’ll want to avoid signing a new lease during the summer.

A new report from Zillow Group Z, -2.26% subsidiary HotPads examined the premium renters pay for moving in the late spring and summer months — when the weather turns warmer and school is out of session.

As it turns out, renting at the peak can cost consumers more than $100 a month in some of the country’s largest housing markets.

In New York City, the most expensive month to start renting a home or apartment is May, HotPads

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