Despite a Cooler Market at the Start of 2023, Rents Are Still Rising in These U.S. Metros
Pro Builder
FEBRUARY 17, 2023
and New Orleans saw the steepest monthly declines of -1.0%, -0.8%, and -0.6%, respectively, January rents rose the most in Louisville, Ky. 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%). 0.9%), Buffalo, N.Y.
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