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New Orleans ranks among 25 for most expensive rent in U.S. cities in September

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We caught a break in August

Rent in New Orleans remained a hot topic in July after ABODO ranked it No. 1 as the U.S. city with the highest rent hikes for the first half of 2017.

This month Zumper revealed that New Orleans ranks No. 24 as the city with the highest rent. Last Month New Orleans ranked No. 22, and reached a high of No. 16 this past April.

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.

In New Orleans, the average rent of a one-bedroom apartment fell 0.8 percent, averaging at $1,250/month. Two-bedrooms in New Orleans dropped 1.3 percent, leveling off at $1,580/month.

Nationally, rent for one-bedroom apartments increased 0.6 percent, averaging $1,183/month. Rent for two-bedroom apartments grew 0.2 percent, stabilizing at $1,402/month.

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