20 cities where housing rents have decreased the most since last year

Although rental prices in many parts of the country have skyrocketed, there are still some US cities where rental costs have actually decreased.

According to a new study of the Rent.com home rental portal, until April, rents had fallen almost one 12% over the prior year for one-bedroom homes in Baltimore, Maryland, and Cleveland, Ohio.

During that same period, prices also fell by 11% in Toledo, Ohio; % in Kansas City, Missouri and Milwaukee, Wisconsin; and more than 9% in Indianapolis, Indiana.

Other Cities where one-bedroom apartment rents have fallen significantly since last year include Las Vegas, Nevada; Virginia Beach, Virginia; Lubbock, Texas; and Norfolk, Virginia.

The 11 cities where the prices of one-bedroom homes have fallen the most are:

1–Baltimore, Maryland

–Average rental price: $1,654
–Price drop from the last year: 11.8%

2-Cleveland, Ohio

–Rent Price average: $1,70
–Price drop since last year: 11.8%

3–Toledo, Ohio

–Rent Price average: $679
–Price drop from last year: 10.9%

4–Kansas City, Missouri

–Average rental price: $1,270
–Price drop since last year: 9.9%

5–Milwaukee, Wisconsin

–Average rental price: $1,158
–Price drop since last year: 9.5%

6–Indianapolis, Indiana

–Average rental price: $1,70
–Price drop since last year: 9.1%

7–Las Vegas, Nevada

–Average rental price: $1,512
–Price drop from last year: 8.6%

8–Virginia Beach, Virginia

–Average rental price: $1,270
–Price drop since last year: 5.6%

9– Norfolk, Virginia

–Average Rental Price: $1,270
–Price drop since last year: 4.1%

10–Lubbock, Texas

–Average rental price: $670
–Price drop since last year: 2.7%

On the other hand, prices for two-bedroom units have fallen year over year in Shreveport, Louisiana; Wichita, Kansas; and Scottsdale, Arizona.

Rent prices in those areas are falling as people return to offices in major metropolitan areas, and that is reducing demand for housing in the cities medium sized, as reported on CBS.

And people are already moving to big cities like Chicago, Los Angeles and New York.

The 10 cities where two-bedroom home prices have fallen the most are:

1–Shreveport, Louisiana

–Average rental price: $932
–Price drop since last year: 18.7%

2–Wichita, Kansas

–Average rental price: $629
–Drop of e price from last year: 12.0%

3–Toledo, Ohio

–Average rental price: $932
–Price drop since last year: 16.4%

4–Indianapolis, Indiana

–Average rental price: $1,232
–Price drop since the year last: 12.1%

5–Scottsdale, Arizona

–Average rental price: $2,767
–Price drop since the year last: 11.5%

6–Anaheim, California

–Average rental price: $2,233
–Price drop from last year: 11.7%

7–Arlington, Texas

–Average rental price: $1,492
–Price drop since last year: 11.5%

8 –Cleveland, Ohio

–Average rental price: $1,654
–Price drop since last year: 10.5%

9–Kansas City, Missouri

–Average rental price: $1,595