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The 5 best cities in America for renters — and the 5 worst

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Economic Indicators

The 5 best cities in America for renters — and the 5 worst

Data on falling rent hides a more complicated picture: Renting is getting harder in some U.S. cities, but some metros make it relatively easy

ByBen Kesslen

Published 15 hours ago

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Rents are falling nationwide, but averages obscure a more complicated story. 

New data from Realtor.com shows the decline is mostly happening in luxury units, and only in certain parts of the country. 

“National rent declines have been remarkably persistent, but the distribution of that relief matters,” Danielle Hale, chief economist at Realtor.com, said. “Many renters shopping for more affordable homes may not feel much change because lower-priced rents have risen more since 2019 while the biggest markdowns have shown up at the high end.”

Realtor.com data shows the rental market in much of the Northeast and the........

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