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- 10 US cities where rent for a one-bedroom apartment is increasing the most - and 10 cities where it's decreasing
10 US cities where rent for a one-bedroom apartment is increasing the most - and 10 cities where it's decreasing
Last year, rent for a one-bedroom apartment in Newark, New Jersey, rose by 42.8%.
In Miami, Florida, rent for a one-bedroom apartment rose 21.7% in 2019.
The average rent for a one-bedroom in 2019: $2,597.57
Cost of living throughout 2019: Decreased by 2.1%
Phoenix, Arizona, saw a 21.2% increase in rent for a one-bedroom apartment last year.
The average rent for a one-bedroom in 2019: $1,342.31
Cost of living throughout 2019: Increased by 2%
In St. Petersburg, Florida, rent for a one-bedroom apartment increased by 19.9%.
The average rent for a one-bedroom in 2019: $1,545.85
Cost of living throughout 2019: Increased by 1.1%
Last year, rent for a one-bedroom apartment rose 19.6% in El Paso, Texas.
The average rent for a one-bedroom in 2019: $862.24
Cost of living throughout 2019: N/A
In 2019, Chandler, Arizona, saw a 17.8% increase in rent for a one-bedroom apartment.
The average rent for a one-bedroom in 2019: $1,417.15
Cost of living throughout 2019: Increased by 2%
Henderson, Nevada, also saw a 16.9% increase for one-bedroom apartments last year.
The average rent for a one-bedroom in 2019: $1,375.29
Cost of living throughout 2019: Decreased by 1%
In 2019, Milwaukee, Wisconsin had a 14.9% increase in rent for a one-bedroom apartment.
The average rent for a one-bedroom in 2019: $1,412.25
Cost of living throughout 2019: Decreased by 1.1%
Likewise, rents for a one-bedroom apartment in Long Beach, California, increased by 14% in 2019.
The average rent for a one-bedroom in 2019: $2,666.43
Cost of living throughout 2019: Increased by 1.2%
Detroit, Michigan, rounds out the top ten cities with rising rent prices last year. Rent for a one-bedroom increased 13.2%.
The average rent for a one-bedroom in 2019: $1,607.10
Cost of living throughout 2019: Increased by 4.7%
Meanwhile, some cities have decreasing rent prices. The largest drop last year was in Virginia Beach, Virginia, where rent for a one-bedroom apartment fell 26.8%.
The average rent for a one-bedroom in 2019: $1,165.64
Cost of living throughout 2019: Decreased by .4%
Wichita, Kansas' rent prices for one-bedroom apartments decreased by 14.9% in 2019.
The average rent for a one-bedroom in 2019: $804.46
Cost of living throughout 2019: Decreased by .1%
In 2019, rent for a one-bedroom apartment in New Orleans, Louisiana, dropped by 14.4%.
The average rent for a one-bedroom in 2019: $1,564.84
Cost of living throughout 2019: Increased by 7.4%
Rent for one-bedroom apartments decreased 13.9% in Garland, Texas, last year.
The average rent for a one-bedroom in 2019: $1,070.79
Cost of living throughout 2019: Increased by 6.1%
Likewise, rent prices for one-bedroom apartments dropped 13.5% in 2019 in Arlington, Texas.
The average rent for a one-bedroom in 2019: $1,000.02
Cost of living throughout 2019: Decreased by 3%
Madison, Wisconsin's rent prices dropped 10.1% in 2019 for one-bedroom apartments.
The average rent for a one-bedroom in 2019: $1,215.46
Cost of living throughout 2019: Decreased by 0.2%
Residents of Lubbock, Texas, saw a 9% decrease in rent prices for one-bedroom apartments in 2019.
The average rent for a one-bedroom in 2019: $707.66
Cost of living throughout 2019: Increased by 1%
Prices for one-bedroom apartments in Boston, Massachusetts, dropped 8.7% last year.
The average rent for a one-bedroom in 2019: $3,712.96
Cost of living throughout 2019: Decreased by .3%
Residents of Toledo, Ohio, saw an 8.7% decrease in rent prices last year for one-bedroom apartments.
The average rent for a one-bedroom in 2019: $821.75
Cost of living throughout 2019: Decreased by 4%
Lastly, rent dropped 8.2% for one-bedroom apartments in Tulsa, Oklahoma.
The average rent for a one-bedroom in 2019: $669.96
Cost of living throughout 2019: Decreased by 3.5%
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