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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Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »