SOURCE: REAL ESTATE ANALYSIS FIRM ABODO.
New Orleans is No. 1 — in U.S. cities with the highest rent hike over the last six months, according to ABODO, a rent-analysis company. While ABODO estimates the nationwide average rent for a one-bedroom apartment to be $1,016 per month and the average apartment in the state of Louisiana to rent for $834 per month, a one-bedroom in New Orleans averages out to nearly $1,400 per month.
Though New Orleans is hardly the most expensive city in the country for rentals, its 6.3 percent average rent hike between January and July puts it at the top of cities with the biggest rent increases. So if you think the rent is too damn high, now you've got some evidence.