10 cities where rent for a one-bedroom apartment is on the rise — and 10 cities where rent is decreasing
looked at data from across the US to find which cities saw the greatest increases in rent in 2019 and which saw the greatest decreases. Last year, rent for a one-bedroom apartment in Newark, New Jersey, rose by 42.8%.Cost of living throughout 2019:Miami, Florida.Decreased by 2.1%Phoenix, Arizona.Increased by 2%St. Petersburg, Florida.Increased by 1.1%Joe Sohm/Visions of America / GettyIn 2019, Chandler, Arizona, saw a 17.8% increase in rent for a one-bedroom apartment.
Rent for a one-bedroom increased 13.2%.Cost of living throughout 2019: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%.Cost of living throughout 2019:Wichita, Kansas' rent prices for one-bedroom apartments decreased by 14.9% in 2019.Cost of living throughout 2019:In 2019, rent for a one-bedroom apartment in New Orleans, Louisiana, dropped by 14.4%.
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