The 5 U.S. cities where rent prices decreased the most in August (via CNBCMakeIt)
Mother and father dancing, hugging and smiling together with their 2 young children in downtown Chicago near Buckingham FountainAcross the U.S., rent prices continue to soar. But in a few select places, it's decreasing.national rent report for August 2022Zumper analyzed national rental data from over 1 million active listings in the U.S. to find the median asking rent in the 100 most populous cities.
New York City, unsurprisingly, saw a 46.7% year-over-year increase in one-bedroom rental prices. There were especially steep increases in a few smaller cities as well, such as Fresno, California, and Tulsa, Oklahoma, which saw year-over-year growth of 40% and 38.9%, respectively. However, median rent prices did decrease in a few places. Here the five cities where it fell the most in August 2022.
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