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prices. Two of them — Chesapeake, VA and Jersey City, NJ — have populations of 300,000 or less.
1. San Francisco, CA (-45.0%)
2. Chesapeake, VA (-29.4%)
3. New York, NY (-27.3%)
4. Long Beach, CA (-27.0%)
5. Colorado Springs, CO (-24.6%) 6. Seattle, WA (-18.9%)
7. San Jose, CA (-16.2%)
8. Los Angeles, CA (-16.0%) 9. Jersey City, NJ (-15.5%) 10. San Antonio, TX (-15.4%)
TWO-BEDROOM CITY AVERAGE RENT PRICE TRENDS
The following cities have experienced the biggest increases in two-bedroom rent prices year-over- year. One — Riverside, CA — is also in the 10 most expensive markets for one-bedroom apartments by rent prices. Four of them — North Las Vegas, NV; Buffalo, NY; Gilbert, AZ and Hialeah, FL — have
populations of 300,000 or less. 1. Riverside, CA (+56.0%)
2. North Las Vegas, NV (+39.9%) 3. Buffalo, NY (+38.6%)
4. Detroit, MI (+32.5%)
5. Las Vegas, NV (+31.1%)
6. Gilbert, AZ (+30.1%)
7. Memphis, TN (+24.2%)
8. Hialeah, FL (+23.3%)
9. Kansas City, MO (+21.4%) 10. Wichita, KS (+21.1%)
The following cities have experienced the biggest decreases in two-bedroom rent prices year-over-year. Two of them — San Francisco, CA and Oakland, CA — are also in the 10 most expensive markets for one-bedroom apartments by rent prices. Five of them — Chesapeake, VA; St. Petersburg, FL; Chula Vista, CA; Fort Wayne, IN and Greensboro, NC — have populations of
Please turn to page CS-38
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APARTMENT MANAGEMENT MAGAZINE - JUNE 2021 CS-37
