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• 0-BR: 51 percent of percent are down
• 1-BR: 65 percent of percent are down
• 2-BR: 74 percent of percent are down
• 3-BR: 60 percent of percent are down
states are up and 49 states are up and 35 states are up and 26 states are up and 40
markets for one-bedroom apartments by rent prices. Three of them — Gilbert, AZ; Buffalo, NY and Durham, NC — have populations of 300,000 or less.
1. Kansas City, MO (+33.5%) 2. Gilbert, AZ (+26.0%)
3. Las Vegas, NV (+25.3%) 4. Riverside, CA (+24.9%)
5. Buffalo, NY (+23.3%)
6. Columbus, OH (+22.1%)
7. Durham, NC (+20.0%)
8. Detroit, MI (+18.6%)
9. New Orleans, LA (+18.3%) 10. Virginia Beach, VA (+15.3%)
The following cities have experienced the biggest decreases in one-bedroom rent prices year-over- year. Five of them — San Francisco, CA; New York, NY; Los Angeles, CA; Jersey City, NJ and San Jose, CA — are also in the 10 most expensive markets for two-bedroom apartments by rent
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CITY AVERAGE RENT PRICE TRENDS
Getting a step more granular, let’s take a look at which cities are becoming more and less expensive. Our analysis looks at one- and two- bedroom apartments in the 100 most populated cities in the country. We eliminated cities with insufficient rental price data. A full list of included cities and their rent price data can be found below.
ONE-BEDROOM CITY AVERAGE RENT PRICE TRENDS
The following cities have experienced the biggest increases in one-bedroom rent prices year-over- year. None of them make the 10 most expensive
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CS-34 JUNE 2021 - APARTMENT MANAGEMENT MAGAZINE