{"id":8102,"date":"2016-11-10T07:00:43","date_gmt":"2016-11-10T13:00:43","guid":{"rendered":"https:\/\/www.abodo.com\/blog\/?p=8102"},"modified":"2021-01-05T09:22:38","modified_gmt":"2021-01-05T15:22:38","slug":"november-2016-national-apartment-report","status":"publish","type":"post","link":"https:\/\/www.rentable.co\/blog\/november-2016-national-apartment-report\/","title":{"rendered":"Columbus, OH, Wins Top Spot for November 2016 Rent Hikes"},"content":{"rendered":"

Graphic: Where is rent increasing and decreasing the most?<\/em><\/strong><\/p>\n

\"National<\/a>
*Data provided by Rentable\u00a0– Data based on apartments available to rent<\/em><\/figcaption><\/figure>\n

Here’s What Happened to Rent Prices from October to November<\/b><\/em><\/p>\n

Nationwide, average rents were up in November compared to October \u2014 $1,042 up from $1,028 \u2014 but still down from the year\u2019s high of $1,052 in September. <\/span><\/p>\n

Columbus won the top spot in November for largest rent decrease: 15%. This could reflect market recuperation following another season of high demand driven by Ohio State University students locking down off-campus housing. In October, Columbus dropped 10% after rising 7% in September, 2% in August, and 15% in July. <\/span><\/p>\n

Seattle is another top dropper, with a 12% decrease in November, from $1,863 down to $1,641. Miami, after two consecutive months with the nation\u2019s largest rent hike \u2014 9% in both September and October \u2014 experienced one of the largest decreases in November, with the average one-bedroom rent prices dropping 6%. <\/span><\/p>\n

Charlotte, El Paso, and Nashville all saw 5% decreases, while Long Beach, Washington D.C, and Denver saw 2% decreases. Charlotte, Denver, and Nashville are all coming of two solid months of increases. <\/span><\/p>\n

Conversely, San Jose has enjoyed drops for the past two months, while November brought an increase of 13%, from $2,293 to $2,591. San Jose\u2019s drop is far and away the largest rise in the nation for November, with the next closest being Sacramento\u2019s 5% \u2014 back on the rise following October\u2019s 10% decrease. Las Vegas and Virginia Beach saw 4% increases, while Omaha, Baltimore, Indianapolis, Albuquerque, Houston, and Raleigh also saw smaller bumps in price. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Graphic: Where is rent increasing and decreasing the most? Here’s What Happened to Rent Prices from October to November Nationwide, average rents were up in November compared to October \u2014 $1,042 up from $1,028 \u2014 … <\/p>\n

Read more<\/a><\/p>\n","protected":false},"author":23,"featured_media":8156,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[148],"tags":[98],"_links":{"self":[{"href":"https:\/\/www.rentable.co\/blog\/wp-json\/wp\/v2\/posts\/8102"}],"collection":[{"href":"https:\/\/www.rentable.co\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rentable.co\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rentable.co\/blog\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rentable.co\/blog\/wp-json\/wp\/v2\/comments?post=8102"}],"version-history":[{"count":5,"href":"https:\/\/www.rentable.co\/blog\/wp-json\/wp\/v2\/posts\/8102\/revisions"}],"predecessor-version":[{"id":20441,"href":"https:\/\/www.rentable.co\/blog\/wp-json\/wp\/v2\/posts\/8102\/revisions\/20441"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rentable.co\/blog\/wp-json\/wp\/v2\/media\/8156"}],"wp:attachment":[{"href":"https:\/\/www.rentable.co\/blog\/wp-json\/wp\/v2\/media?parent=8102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rentable.co\/blog\/wp-json\/wp\/v2\/categories?post=8102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rentable.co\/blog\/wp-json\/wp\/v2\/tags?post=8102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}