Cities Where Rent Has Risen The Most In Every State
4 min read
After the homebuying hysteria of 2021 and the first half of 2022 was cooled off by rising interest rates, one of the knock-on effects has been an increase in the cost of rent. This is understandable as rising mortgage rates pushed homeownership beyond affordability for many Americans, who then in turn, have resorted to renting. And, indeed, the average cost of rent has increased across the United States, in cities both big and small, over the course of the last year.
Using data sourced from Zillow, specifically its Zillow Observed Rent Index (ZORI) — a smoothed measure of the typical market rate rent for a given region — we went state by state and identified the cities where rent has increased the most year-over-year.
Read on for a full breakdown of the cities in every state where the cost of rent has increased the most from 2022 to 2023.
Cities Where Rent Has Risen the Most in Every State
The cities that comprise our list are quite diverse. Some cities are major urban centers, such as Mobile, Alabama, Portland, Maine, or Sioux Falls, South Dakota. In other cases, the cities may be quite small. Another characteristic is the wide range of the year-over-year increases in rent, from as small as 1.6% om Reno, Nevada, to 93.2% in Marysville, Washington.
Here’s the rundown on the city in each state with the largest increase in rent from March 2022 to March 2023:
Alabama
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City: Mobile
1-Year Change in Median Rent: 13%
March 2022 Rent: $1,032
March 2023 Rent: $1,166
Alaska
City: Anchorage
1-Year Change in Median Rent: 9.9%
March 2022 Rent: $1,500
March 2023 Rent: $1,677
Arizona
City: Fountain Hills
1-Year Change in Median Rent: 14.8%
March 2022 Rent: $2,226
March 2023 Rent: $2,556
Arkansas
City: Cabot
1-Year Change in Median Rent: 37.4%
March 2022 Rent: $918
March 2023 Rent: $1,261
California
City: Orinda
1-Year Change in Median Rent: 28.6%
March 2022 Rent: $4,096
March 2023 Rent: $5,266
Colorado
City: Manitou Springs
1-Year Change in Median Rent: 11.7%
March 2022 Rent: $1,231
March 2023 Rent: $1,376
Connecticut
City: Waterbury
1-Year Change in Median Rent: 21.1%
March 2022 Rent: $1,149
March 2023 Rent: $1,392
Delaware
City: Newark
1-Year Change in Median Rent: 10.1%
March 2022 Rent: $1,759
March 2023 Rent: $1,936
Florida
City: St. Pete Beach
1-Year Change in Median Rent: 53.3%
March 2022 Rent: $1,802
March 2023 Rent: $2,763
Georgia
City: Griffin
1-Year Change in Median Rent: 28%
March 2022 Rent: $1,095
March 2023 Rent: $1,402
Hawaii
City: Kaneohe
1-Year Change in Median Rent: 15.2%
March 2022 Rent: $2,491
March 2023 Rent: $2,870
Idaho
City: Pocatello
1-Year Change in Median Rent: 14.6%
March 2022 Rent: $878
March 2023 Rent: $1,007
Illinois
City: Normal
1-Year Change in Median Rent: 23.8%
March 2022 Rent: $960
March 2023 Rent: $1,189
Indiana
City: South Bend
1-Year Change in Median Rent: 16.8%
March 2022 Rent: $1,079
March 2023 Rent: $1,261
Iowa
City: Waukee
1-Year Change in Median Rent: 9.9%
March 2022 Rent: $1,264
March 2023 Rent: $1,389
Kansas
City: Hutchinson
1-Year Change in Median Rent: 14.1%
March 2022 Rent: $545
March 2023 Rent: $621
Kentucky
City: Covington
1-Year Change in Median Rent: 11.4%
March 2022 Rent: $1,317
March 2023 Rent: $1,468
Louisiana
City: Ruston
1-Year Change in Median Rent: 10.4%
March 2022 Rent: $1,144
March 2023 Rent: $1,263
Maine
City: Portland
1-Year Change in Median Rent: 9.4%
March 2022 Rent: $2,024
March 2023 Rent: $2,215
Maryland
City: Chevy Chase
1-Year Change in Median Rent: 16%
March 2022 Rent: $2,031
March 2023 Rent: $2,356
Massachusetts
City: Springfield
1-Year Change in Median Rent: 22.5%
March 2022 Rent: $1,305
March 2023 Rent: $1,599
Michigan
City: Roseville
1-Year Change in Median Rent: 22.2%
March 2022 Rent: $1,088
March 2023 Rent: $1,329
Minnesota
City: Sartell
1-Year Change in Median Rent: 13%
March 2022 Rent: $1,289
March 2023 Rent: $1,456
Mississippi
City: Oxford
1-Year Change in Median Rent: 25%
March 2022 Rent: $1,262
March 2023 Rent: $1,577
Missouri
City: Grandview
1-Year Change in Median Rent: 12.9%
March 2022 Rent: $1,250
March 2023 Rent: $1,412
Montana
City: Great Falls
1-Year Change in Median Rent: 16.7%
March 2022 Rent: $969
March 2023 Rent: $1,131
Nebraska
City: Bellevue
1-Year Change in Median Rent: 13.8%
March 2022 Rent: $1,138
March 2023 Rent: $1,295
Nevada
City: Reno
1-Year Change in Median Rent: 1.6%
March 2022 Rent: $1,849
March 2023 Rent: $1,878
New Hampshire
City: Dover
1-Year Change in Median Rent: 13.6%
March 2022 Rent: $1,763
March 2023 Rent: $2,003
New Jersey
City: Eatontown
1-Year Change in Median Rent: 30.8%
March 2022 Rent: $1,540
March 2023 Rent: $2,014
New Mexico
City: Rio Rancho
1-Year Change in Median Rent: 10.3%
March 2022 Rent: $1,572
March 2023 Rent: $1,734
New York
City: Binghamton
1-Year Change in Median Rent: 27.9%
March 2022 Rent: $1,266
March 2023 Rent: $1,619
North Carolina
City: Hampstead
1-Year Change in Median Rent: 22.9%
March 2022 Rent: $1,700
March 2023 Rent: $2,090
North Dakota
City: Minot
1-Year Change in Median Rent: 10.6%
March 2022 Rent: $772
March 2023 Rent: $853
Ohio
City: Elyria
1-Year Change in Median Rent: 18.4%
March 2022 Rent: $1,035
March 2023 Rent: $1,226
Oklahoma
City: Jenks
1-Year Change in Median Rent: 12.9%
March 2022 Rent: $1,662
March 2023 Rent: $1,877
Oregon
City: Oregon City
1-Year Change in Median Rent: 18.3%
March 2022 Rent: $1,671
March 2023 Rent: $1,977
Pennsylvania
City: Carlisle
1-Year Change in Median Rent: 16.8%
March 2022 Rent: $1,113
March 2023 Rent: $1,300
Rhode Island
City: East Providence
1-Year Change in Median Rent: 14.9%
March 2022 Rent: $1,587
March 2023 Rent: $1,822
South Carolina
City: Forest Acres
1-Year Change in Median Rent: 26.3%
March 2022 Rent: $999
March 2023 Rent: $1,262
South Dakota
City: Sioux Falls
1-Year Change in Median Rent: 5.8%
March 2022 Rent: $1,125
March 2023 Rent: $1,190
Tennessee
City: Red Bank
1-Year Change in Median Rent: 12.3%
March 2022 Rent: $1,503
March 2023 Rent: $1,688
Texas
City: Denison
1-Year Change in Median Rent: 24.1%
March 2022 Rent: $1,060
March 2023 Rent: $1,315
Utah
City: Logan
1-Year Change in Median Rent: 32.7%
March 2022 Rent: $976
March 2023 Rent: $1,295
Vermont
City: Burlington
1-Year Change in Median Rent: 15.6%
March 2022 Rent: $1,721
March 2023 Rent: $1,988
Virginia
City: Chesterfield
1-Year Change in Median Rent: 32.3%
March 2022 Rent: $1,337
March 2023 Rent: $1,769
Washington
City: Marysville
1-Year Change in Median Rent: 93.2%
March 2022 Rent: $1,199
March 2023 Rent: $2,316
West Virginia
City: Charleston
1-Year Change in Median Rent: 8.6%
March 2022 Rent: $776
March 2023 Rent: $843
Wisconsin
City: Middleton
1-Year Change in Median Rent: 16.7%
March 2022 Rent: $1,357
March 2023 Rent: $1,583
Wyoming
City: Laramie
1-Year Change in Median Rent: 15.1%
March 2022 Rent: $766
March 2023 Rent: $881
Table of the Cities Where Rent Has Increased the Most
Below is a table detailing the city in each of the 50 states where rent has increased the most from March 2022 to March 2023. The table is in alphabetical order, but there is a rank column in which the lower the number, the greater the year-over-year growth in rent.
