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Median rent in New Orleans ranks among nation’s most expensive

Rent prices remained stagnant this past month

In 2017, New Orleans ranking has fluctuated between No. 16 and No. 20 in a national rent analysis. As of July of 2017, New Orleans ranks No. 18, tied with Baltimore.

The rent analysis data comes from Zumper’s National Rent Report, which evaluates over one million listings in over 100 cities throughout the nation. Specifically, researchers at Zumper analyze one- and two-bedroom units throughout each city.

New Orleans rent is steadily increasing. Last month, New Orleans ranked No. 17 in Zumper’s national rent analysis and saw a 3.1 percent increase in rent prices for one bedroom units. Since July of 2016, rent for one-bedroom units has increased by over three percent.

However, since last month, rent has—for once— has not increased for one- or two-bedroom units.

San Francisco, New York, San Jose, Washington, DC; and Boston rank as the cities with the most expensive rent.

While strictly aspiration, Curbed NOLA’s Curbed Comparison column looks at some of the best listings for rent in a particular price range. In fact, last week we covered shotgun homes for rent across different price ranges.

Check out the graph below to see how New Orleans compares to the national fluctuation of rent prices.

Median rent in New Orleans continues to rank among nation’s most expensive [Curbed NOLA]

New Orleans rent comparison: Bywater, Irish Channel, and Uptown Shotgun apartments [Curbed NOLA]