Median one-bedroom apartment prices rose at the fastest rate in 12 months in July, according to a new report from real-estate site Zumper.
20 cities where rent is receding fastestApartment dwellers looking for lower rent should start their search in the South.
Five of the 20 US real-estate markets where one-bedroom apartment prices fell by at least 5% in July were in Texas, and 11 others were in the South or Southwest regions.
AdvertisementBelow are the 20 US markets where rent for a one-bedroom apartment fell at least 5% from July 2023, according to Zumper.
Each is also listed along with its year-over-year and month-over-month rent changes, median rent price, and national rent ranking among the nation's 100 biggest markets.
Persons:
—, Anthemos Georgiades
Organizations:
Service, Business, Lone Star
Locations:
Texas, South