Here are 24 real-estate markets where rent is at least 10% below the national median.
Median rent in the 50 largest US metropolitan areas dipped to $1,743 last month, according to an October 16 report from Realtor.com.
Asking prices were lower year-over-year for the 14th straight month, though they were only a few dollars cheaper than in September 2023.
Business Insider reviewed Realtor.com's list of the 50 biggest US cities and narrowed it down to the two dozen cities where rent was at least 10% less than the national median of $1,743 last month.
Below are those 24 major US cities, along with each location's median rent in September, the year-over-year and month-over-month changes, and the savings versus the national median rate.
Persons:
—, Jiayi Xu, Danielle Hale, Xu, Hale
Organizations:
Service, Nashville's, Dallas
Locations:
Southern, Denver, Austin, Birmingham, Midwest, Chicago, Detroit