Despite a Cooler Market at the Start of 2023, Rents Are Still Rising in These U.S. Metros
Pro Builder
FEBRUARY 17, 2023
While metros such as Salt Lake City, Jacksonville, Fla., 0.8%), and Memphis, Tenn. On a year-over-year basis, rents are down 1.0% in Las Vegas, and barely up at all in Phoenix (1.1%), Sacramento (2.1%), Baltimore (2.6%), and New Orleans (2.8%). Typical asking rents are at $1,970 nationwide, 6.9% 0.9%), Buffalo, N.Y.
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