Big Cities with Small Rent

To say that the cost of rent and overall living expenses is on everyone’s mind is an understatement. These last three years have seen a steep increase in rent prices, which has made many question if they can afford the cost of living on their own.Big Cities with Small Rent

This can be very discouraging for first-time renters to leave the nest and forge a path on their own. You have probably noticed that what you once paid for a two-bedroom apartment is now what it costs to live in a one-bedroom apartment. The percentages seeing an increase in rent vary from city to city, however, there are some cities that have seen a decrease in the overall cost of living.

8 Cities Seeing a Decrease in Rent

  • Indianapolis, IN

Indianapolis, the capital of Hoosier State, has an astounding population of 876,384 residents calling the metropolis “home.” The city, like most other cities, has everything to offer its residents, full of close-knit communities and families. It is full of diversity and supports locally owned businesses such as coffee shops. It also has large areas and many sports events, the biggest being the Indy 500, an event that amasses over 300,000 people in one day.

In this city, the average rent for a one-bedroom is $1,025 and the rent for a two-bedroom is $1,142.

-          1-BR rent price change: -15.51%

-          2-BR rent price change: -20.01%

  • Cleveland, OH

Cleveland is home to a few large sports teams-the Browns and the Cavaliers-and is known to be a cultural hotspot. It is fondly known as the home of rock and roll, full of diverse food, lush parks, and sandy beaches. During the recent pandemic of the past two years, this area has seen an influx of many moving to the city. Despite the rise of newcomers, rent prices are steadily decreasing in this city.

In this city, the average rent for a one-bedroom is $1,076 and the rent for a two-bedroom is $1,672.

-          1-BR rent price change: -24.50%

-          2-BR rent price change: -12.50%

  • Las Vegas, NV

When you picture Las Vegas, it is easy to picture the glam and fast pace of the Strip. While that is a huge part of the city’s culture, the suburbs in Las Vegas are much different and easier to live in. Living in Vegas is for those who enjoy easy access to the nightlife and world-class entertainment.  But the area is not all city, with great access to outdoor activities. There are cycling opportunities in Red Rock Canyon and hiking in the Valley of the Fire. With no state income tax, it is a fairly easy place for those looking to migrate to the area.

In this city, the average rent for apartments after budgeting is $1,473 and $1,788.

-          1-BR rent price change: -14.81%

-          2-BR rent price change: -11.16%

  • Baltimore, MD

Located near Washington D.C., only an hour away from the capital of the U.S. is a popular East-coast city for people to call home. This city is full of monumental historical attractions. Like other cities, Baltimore has its fair share of small businesses, zoos and aquariums, and several outdoor parks and trails. Baltimore has it all to offer.
In this city, the average rent for a one-bedroom is $1,699 and the rent for a two-bedroom saw less of a decline but is still on its way to decreasing in price with rent showing at $1,883.

-          1-BR rent price change: -8.59%

-          2-BR rent price change: -2.16%

  • Chula Vista, CA

Located near San Diego along the coast of California lies Chula Vista, a coastal town meaning “beautiful view.” With close access to the beach, over 60 different parks with lots of green space to enjoy the ocean breeze. This city has a low crime rate, full of great schools, and has a sharp focus on renewable energy, a wonderful place for new families. To live here is to enjoy the perks of a large city, with an average of 274,492 residents, you won’t feel the pressure of overcrowding as there are many outdoor activities to participate in.

In this city, the average rent for a one-bedroom is $2,363 and the rent for a two-bedroom is $1,762, seeing a 46.56% decrease when compared to last year’s rent.

-          1-BR rent price change: -0.07%

-          2-BR rent price change: -46.56%


For more information on local markets and specifically the Chula Vista market, browse these new listings below or contact our office for all San Diego real estate

395 Properties
Page 1 of 33
$750,000
Neighborhood: Chula Vista
3
Beds
2
Baths
1,197
Sq.Ft.
1974
Year Built
1
Day on Site
220025066
MLS
This Potential Single Story Home is located in Chula Vista. Just West of 125 South Bay Expy. 3BR/2BA, 2 Car Garage, 1,197 sq.ft. Lot size 7,502 sq.ft., Solar System, Close to Shopping Malls. Approx....
$616,000
Neighborhood: Unknown
2
Beds
2F11/2
Baths
1,192
Sq.Ft.
2022
Year Built
2
Days on Site
220025039
MLS
Welcome home! Fantastic home in sought after location. The kitchen boasts of a stylish backsplash, ample cabinetry, generous sleek counter space and a center island with a breakfast bar, making...
$2,399,988
Neighborhood: Rancho Del Rey
5
Beds
4F11/2
Baths
3,516
Sq.Ft.
1994
Year Built
2
Days on Site
305802113
MLS
YOUR DREAM HOME IS FINALLY HERE !! VIEW | VIEW | VIEW - OVER $350,000 IN UPGRADES IN THE PAST 2 YEARS - TURN-KEY - GORGEOUS SHOWS LIKE A MODEL - PAINTED INSIDE AND OUT - NEW DUAL GLAZED WINDOWS - NEW...
$749,000
Neighborhood: Windsor Views
3
Beds
2
Baths
1,799
Sq.Ft.
1978
Year Built
2
Days on Site
220025048
MLS
High demand and rarely available! Best location in this super cute neighborhood. Your own very private nicely landscaped back yard! Relax and unwind in your ground jacuzzi conveniently located right...
Coming Soon on 10/08
705 Esla Chula Vista, CA 91910
$875,000
Neighborhood: Rancho Del Rey
3
Beds
2
Baths
1,554
Sq.Ft.
1992
Year Built
2
Days on Site
220025054
MLS
Welcome to Rancho Del Rey! Turnkey 3 bedroom 2 bath home features include new floors, windows, custom window shutters and aluminum patio cover. Granite counter tops in kitchen, fireplace, interior...
$649,000
Neighborhood: Winding Walk
3
Beds
2F11/2
Baths
1,849
Sq.Ft.
2007
Year Built
2
Days on Site
305802213
MLS
PRICED TO SELL! Entertaining offers from $639,000 - $649,000. Generously sized 3 bedroom and 2.5 bathroom town-home includes an extra loft space to make this the perfect family home. Immaculately...
5
Beds
4F11/2
Baths
3,657
Sq.Ft.
2020
Year Built
2
Days on Site
305802216
MLS
Seller willing to give credits to buy down rate! Beautiful home in a new construction neighborhood. Features 3 master bedrooms perfect for multigenerational family living! Open floor plan with high...
3
Beds
3F11/2
Baths
1,604
Sq.Ft.
2008
Year Built
4
Days on Site
305799845
MLS
Highly desirable corner unit in a sought after school district, a few minutes walk to neighborhood schools. Enjoy your balconys wonderful big sky view as you enjoy your morning coffee or evening tea....
$874,999
Neighborhood: Skylar At Milenia
3
Beds
3F11/2
Baths
2,720
Sq.Ft.
2018
Year Built
4
Days on Site
220024946
MLS
Don't miss this fully detached, stylishly upgraded modern home in the highly desirable Sylar at Mlienia development. This home offers everything! Downstairs features an immensely popular guest...
$624,900
Neighborhood: Bay Vista
3
Beds
2
Baths
1,499
Sq.Ft.
1952
Year Built
4
Days on Site
305801037
MLS
Ideally located in the southern part of San Diego County in the community of Chula Vista a diamond in the rough awaits. Its fully gated front yard is secure and has an open palette of possibilities....
3
Beds
2
Baths
1,096
Sq.Ft.
1989
Year Built
4
Days on Site
305801046
MLS
Check out this beautiful 3BR/2BA Eastlake shore Condo located on the second level, experience resort living at it's best, indulge in your own clubhouse, enjoy sparkling pools, layout and take some...
$690,000
Neighborhood: Rancho Del Rey
3
Beds
2F11/2
Baths
1,210
Sq.Ft.
1989
Year Built
4
Days on Site
220017281
MLS
Beautiful home in the ever desirable and acclaimed Rancho del Rey community. This 3 bedroom 2 1/2 bath corner lot property in Chula Vista feels just like a single family residence. Beautiful...

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