Across the nation in April, median asking rents for units of all sizes fell year over year. Parts of the Midwest, however, did not get the memo, and rents rose, according to Realtor.com's April rental report.
In Nashville, rents for 0-2 bedroom apartments plummeted 8.4%, with two Texas metros close behind. In Austin, they dived 8.3%, in San Antonio 8.1% and in Houston 2.7%. Some Florida metros also fared poorly. In Orlando rents slumped 5.9%, in Miami 4.3%, in Jacksonville 3%, and in Tampa 2.5%.
Other Southern cities where renters could rejoice were Atlanta, Charlotte and Baltimore, which each saw rents drop 5.6%, Raleigh (down 5.3%), Memphis (down 4.9%), and Richmond (down 3%).
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