Austin, Texas (-4.7%), Memphis, Tenn. (-4.4%), St. Louis (-4.0%), Atlanta (-3.7%), Miami (-3.6%), and Phoenix (-3.2%) lead the nation with the largest rent drops SANTA CLARA, Calif., April 30, 2024 /PRNewswire/ -- Rents declined in March for the eighth consecutive month, with year-over-year prices dropping by -0.3% and declines seen across all unit sizes, according to the Realtor.com® Rental Report released today. Even so, the median rent of $1,722 was only$36 less than the peak seen in August 2022 and was ...