October Apartment Rents Rose, Fell The Most In These 10 Cities
Apartment rents in the US rose or fell by the most in these 10 cities from Sept. 1 to Oct. 1, according to Abodo's latest National Apartment Report.
"In a large number of major cities—San Francisco, Los Angeles, Atlanta —we saw a decrease in rent price again this month," Abodo's Sam Radbil tells Bisnow. "The surge in supply and a small decrease in demand makes it easier for renters to negotiate price with their landlords, thus causing rent prices to decrease slightly."
El Paso, TX
September Rent: $830
October Rent: $731
Change: -12%
Sacramento, CA
September Rent: $1,124
October Rent: $1,007
Change: -10%
Columbus, OH
September Rent: $937
October Rent: $843
Change: -10%
Long Beach, CA
September Rent: $1,732
October Rent: $1,571
Change: -9%
San Jose, CA
September Rent: $2,455
October Rent: $2,293
Change: -7%
Miami, FL
September Rent: $1,739
October Rent: $1,891
Change: 9%
Virginia Beach, VA
September Rent: $962
October Rent: $1,033
Change: 7%
Milwaukee, WI
September Rent: $887
October Rent: $951
Change: 7%
Minneapolis, MN
September Rent: $1,424
October Rent: $1,506
Change: 6%
Colorado Springs, CO
September Rent: $868
October Rent: $908
Change: 5%
