Cities Where Rent Has Risen The Most In Every State

After the homebuying hysteria of 2021 and the primary half of 2022 was cooled off by rising rates of interest, one of many knock-on results has been a rise in the price of lease. That is comprehensible as rising mortgage charges pushed homeownership past affordability for a lot of Individuals, who then in flip, have resorted to renting. And, certainly, the typical value of lease has elevated throughout the US, in cities each large and small, over the course of the final yr.

Utilizing information sourced from Zillow, particularly its Zillow Noticed Hire Index (ZORI) — a smoothed measure of the standard market price lease for a given area — we went state by state and recognized the cities the place lease has elevated probably the most year-over-year.

Learn on for a full breakdown of the cities in each state the place the price of lease has elevated probably the most from 2022 to 2023.

Cities The place Hire Has Risen the Most in Each State

The cities that comprise our record are fairly various. Some cities are main city facilities, akin to Cellular, Alabama, Portland, Maine, or Sioux Falls, South Dakota. In different circumstances, the cities could also be fairly small. One other attribute is the wide selection of the year-over-year will increase in lease, from as small as 1.6% om Reno, Nevada, to 93.2% in Marysville, Washington.

Right here’s the rundown on town in every state with the most important enhance in lease from March 2022 to March 2023:

Alabama

Metropolis: Cellular

1-Yr Change in Median Hire: 13%

March 2022 Hire: $1,032

March 2023 Hire: $1,166

Alaska

Metropolis: Anchorage

1-Yr Change in Median Hire: 9.9%

March 2022 Hire: $1,500

March 2023 Hire: $1,677

Arizona

Metropolis: Fountain Hills

1-Yr Change in Median Hire: 14.8%

March 2022 Hire: $2,226

March 2023 Hire: $2,556

Arkansas

Metropolis: Cabot

1-Yr Change in Median Hire: 37.4%

March 2022 Hire: $918

March 2023 Hire: $1,261

California

Metropolis: Orinda

1-Yr Change in Median Hire: 28.6%

March 2022 Hire: $4,096

March 2023 Hire: $5,266

Colorado

Metropolis: Manitou Springs

1-Yr Change in Median Hire: 11.7%

March 2022 Hire: $1,231

March 2023 Hire: $1,376

Connecticut

Metropolis: Waterbury

1-Yr Change in Median Hire: 21.1%

March 2022 Hire: $1,149

March 2023 Hire: $1,392

Delaware

Metropolis: Newark

1-Yr Change in Median Hire: 10.1%

March 2022 Hire: $1,759

March 2023 Hire: $1,936

Florida

Metropolis: St. Pete Seashore

1-Yr Change in Median Hire: 53.3%

March 2022 Hire: $1,802

March 2023 Hire: $2,763

Georgia

Metropolis: Griffin

1-Yr Change in Median Hire: 28%

March 2022 Hire: $1,095

March 2023 Hire: $1,402

Hawaii

Metropolis: Kaneohe

1-Yr Change in Median Hire: 15.2%

March 2022 Hire: $2,491

March 2023 Hire: $2,870

Idaho

Metropolis: Pocatello

1-Yr Change in Median Hire: 14.6%

March 2022 Hire: $878

March 2023 Hire: $1,007

Illinois

Metropolis: Regular

1-Yr Change in Median Hire: 23.8%

March 2022 Hire: $960

March 2023 Hire: $1,189

Indiana

Metropolis: South Bend

1-Yr Change in Median Hire: 16.8%

March 2022 Hire: $1,079

March 2023 Hire: $1,261

Iowa

Metropolis: Waukee

1-Yr Change in Median Hire: 9.9%

March 2022 Hire: $1,264

March 2023 Hire: $1,389

Kansas

Metropolis: Hutchinson

1-Yr Change in Median Hire: 14.1%

March 2022 Hire: $545

March 2023 Hire: $621

Kentucky

Metropolis: Covington

1-Yr Change in Median Hire: 11.4%

March 2022 Hire: $1,317

March 2023 Hire: $1,468

Louisiana

Metropolis: Ruston

1-Yr Change in Median Hire: 10.4%

March 2022 Hire: $1,144

March 2023 Hire: $1,263

Maine

Metropolis: Portland

1-Yr Change in Median Hire: 9.4%

March 2022 Hire: $2,024

March 2023 Hire: $2,215

Maryland

Metropolis: Chevy Chase

1-Yr Change in Median Hire: 16%

March 2022 Hire: $2,031

March 2023 Hire: $2,356

Massachusetts

Metropolis: Springfield

1-Yr Change in Median Hire: 22.5%

March 2022 Hire: $1,305

March 2023 Hire: $1,599

Michigan

Metropolis: Roseville

1-Yr Change in Median Hire: 22.2%

March 2022 Hire: $1,088

March 2023 Hire: $1,329

Minnesota

Metropolis: Sartell

1-Yr Change in Median Hire: 13%

March 2022 Hire: $1,289

March 2023 Hire: $1,456

Mississippi

Metropolis: Oxford

1-Yr Change in Median Hire: 25%

March 2022 Hire: $1,262

March 2023 Hire: $1,577

Missouri

Metropolis: Grandview

1-Yr Change in Median Hire: 12.9%

March 2022 Hire: $1,250

March 2023 Hire: $1,412

Montana

Metropolis: Nice Falls

1-Yr Change in Median Hire: 16.7%

March 2022 Hire: $969

March 2023 Hire: $1,131

Nebraska

Metropolis: Bellevue

1-Yr Change in Median Hire: 13.8%

March 2022 Hire: $1,138

March 2023 Hire: $1,295

Nevada

Metropolis: Reno

1-Yr Change in Median Hire: 1.6%

March 2022 Hire: $1,849

March 2023 Hire: $1,878

New Hampshire

Metropolis: Dover

1-Yr Change in Median Hire: 13.6%

March 2022 Hire: $1,763

March 2023 Hire: $2,003

New Jersey

Metropolis: Eatontown

1-Yr Change in Median Hire: 30.8%

March 2022 Hire: $1,540

March 2023 Hire: $2,014

New Mexico

Metropolis: Rio Rancho

1-Yr Change in Median Hire: 10.3%

March 2022 Hire: $1,572

March 2023 Hire: $1,734

New York

Metropolis: Binghamton

1-Yr Change in Median Hire: 27.9%

March 2022 Hire: $1,266

March 2023 Hire: $1,619

North Carolina

Metropolis: Hampstead

1-Yr Change in Median Hire: 22.9%

March 2022 Hire: $1,700

March 2023 Hire: $2,090

North Dakota

Metropolis: Minot

1-Yr Change in Median Hire: 10.6%

March 2022 Hire: $772

March 2023 Hire: $853

Ohio

Metropolis: Elyria

1-Yr Change in Median Hire: 18.4%

March 2022 Hire: $1,035

March 2023 Hire: $1,226

Oklahoma

Metropolis: Jenks

1-Yr Change in Median Hire: 12.9%

March 2022 Hire: $1,662

March 2023 Hire: $1,877

Oregon

Metropolis: Oregon Metropolis

1-Yr Change in Median Hire: 18.3%

March 2022 Hire: $1,671

March 2023 Hire: $1,977

Pennsylvania

Metropolis: Carlisle

1-Yr Change in Median Hire: 16.8%

March 2022 Hire: $1,113

March 2023 Hire: $1,300

Rhode Island

Metropolis: East Windfall

1-Yr Change in Median Hire: 14.9%

March 2022 Hire: $1,587

March 2023 Hire: $1,822

South Carolina

Metropolis: Forest Acres

1-Yr Change in Median Hire: 26.3%

March 2022 Hire: $999

March 2023 Hire: $1,262

South Dakota

Metropolis: Sioux Falls

1-Yr Change in Median Hire: 5.8%

March 2022 Hire: $1,125

March 2023 Hire: $1,190

Tennessee

Metropolis: Crimson Financial institution

1-Yr Change in Median Hire: 12.3%

March 2022 Hire: $1,503

March 2023 Hire: $1,688

Texas

Metropolis: Denison

1-Yr Change in Median Hire: 24.1%

March 2022 Hire: $1,060

March 2023 Hire: $1,315

Utah

Metropolis: Logan

1-Yr Change in Median Hire: 32.7%

March 2022 Hire: $976

March 2023 Hire: $1,295

Vermont

Metropolis: Burlington

1-Yr Change in Median Hire: 15.6%

March 2022 Hire: $1,721

March 2023 Hire: $1,988

Virginia

Metropolis: Chesterfield

1-Yr Change in Median Hire: 32.3%

March 2022 Hire: $1,337

March 2023 Hire: $1,769

Washington

Metropolis: Marysville

1-Yr Change in Median Hire: 93.2%

March 2022 Hire: $1,199

March 2023 Hire: $2,316

West Virginia

Metropolis: Charleston

1-Yr Change in Median Hire: 8.6%

March 2022 Hire: $776

March 2023 Hire: $843

Wisconsin

Metropolis: Middleton

1-Yr Change in Median Hire: 16.7%

March 2022 Hire: $1,357

March 2023 Hire: $1,583

Wyoming

Metropolis: Laramie

1-Yr Change in Median Hire: 15.1%

March 2022 Hire: $766

March 2023 Hire: $881

Desk of the Cities The place Hire Has Elevated the Most

Beneath is a desk detailing town in every of the 50 states the place lease has elevated probably the most from March 2022 to March 2023. The desk is in alphabetical order, however there’s a rank column wherein the decrease the quantity, the larger the year-over-year progress in lease.