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Detroit emerges as the best rental spot in September

Detroit emerges as the best rental spot in September

Washington, DC ranked second nationally with an increase in renter interest, although the number of available apartments in the city fell 6%. Minneapolis fell to third place, followed in descending order by Atlanta, Cleveland, Philadelphia, Fayetteville, NC, Winston-Salem and Chicago, while Cincinnati rounded out the top 10.

Four new cities, three in Florida, made the list of the 30 most in-demand rental markets in the country. Tampa jumped 27 spots to 21st. It is unclear how damage from Hurricanes Helene and Milton will affect this ranking. Hialeah’s achievement was even bigger, rising 58 spots to No. 29. Jacksonville also moved into the top bracket at No. 30, but the report noted a drop of 6 % in the availability of apartments in the city. The fourth city to join this league was Newark, NJ, after climbing 53 places.

Renters showed a preference for southern cities, home to 11 of the top 30 cities they visited. Washington, DC, Atlanta, Fayetteville, Winston-Salem and Louisville led the way. Nine Western cities reached the top ranking, led by Los Angeles, Vancouver, WA, San Jose, Reno and Long Beach. Eight Midwestern cities also received significant attention, led by Detroit, Minneapolis, Cleveland, Chicago, and Cincinnati. Two Northeast cities also made the top 30: Philadelphia and Newark.