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Rent in the New Orleans metro area has fallen over 13 percent since last December

Two-bedrooms are still on the decline

After a rocky year of rent, New Orleans will end 2017 by ranking 17th in the nation as the metro area with the most expensive rent. Last month, the New Orleans metro area ranked No. 21 in the nation. Though, no one ever said that living in one of the most sinful cities in nation would be cheap.

In a national analysis that evaluates over 100 metro areas in the United States, researchers at Zumper look at rent fluctuations of one- and two-bedroom apartments.

In the Zumper study, researchers found that rent for one-bedroom units in the New Orleans metro area average $1,380/month, which is a 5.3 percent increase from last month. Two-bedrooms in the metro area averaged $1,460/month, dropping 1.4 percent from last month. Since December of 2016, rent in New Orleans has fallen 13.1 percent on average.

Nationwide, rent is on the rise. This month, one-bedroom units increased 4.9 percent to $1,233/month, and two-bedrooms remained virtually unchanged at $1,392/month.

To see how New Orleans compares to the rest of the nation, check out the interactive graph below. Visit Zumper’s official website to look at the full study.