Apartment prices were slightly cheaper in September than in August as interest rates fell.
AdvertisementRent inched lower in September as the unofficial moving season starts to wind down, but apartment prices are still near all-time highs.
14 affordable cities where rent is down meaningfullyNearly two-thirds of the nation's 100 biggest real-estate markets experienced either lower or flat rent in September, according to Zumper.
However, only 14 cities have one-bedroom apartments that cost less than the national median of $1,533 and were at least 2% cheaper than last year.
AdvertisementBelow are those 14 cities, along with their month-over-month and year-over-year rent changes, median rent prices, the monthly savings vs national median, and national rent ranking.
Persons:
—, Zumper, It's, Anthemos Georgiades
Organizations:
Service, Federal Reserve