Multifamily v Wisconsin

Milwaukee, Omaha and Columbus all seeing big increases in apartment rents

abodo-rents

Where are apartment rents rising the fastest? According to apartment Web site Abodo, Milwaukee led the way, seeing the biggest increase in one-bedroom apartment rents from June to July of this year.

Where are apartment rents rising the fastest? According to apartment Web site Abodo, Milwaukee led the way, seeing the biggest increase in one-bedroom apartment rents from June to July of this year.

Apartment rents for one-bedroom apartments in the Wisconsin city jumped 15 percent from June to July, increasing from an average of $880 to $1,010, according to Abodo.

Another Midwest city saw the second-highest increase in rents during this same period, Columbus. Abodo reported that one-bedroom rents jumped 13 percent from June to July in Columbus, increasing from an average of $761 to $857.

A third Midwest city, Omaha, also made Abodo's list. Rents here increased an average of 8 percent from June to July, rising from $710 to $765.

Only one Midwest city made Abodo's list of metropolitan areas in which average rents fell by the most from June to July. Kansas City, Missouri, saw its average one-bedroom rents fall by 4 percent.