more than 60 of statewide markets measured by rentcom saw rents drop in september compared to august another sign of prices cooling down after soaring to dizzying highs earlier this year according to a new analysis from the company what’s more national median rent prices month over month fell 25 overall though rents still remained 88 higher in september than they were the same time a year earlier yearoveryear rents are also up in all but a few statewide markets rentcom noted still “it’s the first time yearoveryear changes dipped into the single digits since september 2021 and the lowest yearoveryear increase since october 2021” the rentcom analysis said “rents peaked during that time at a 175 percent increase in march 2022” out of the statelevel markets included in the analysis new york experienced the biggest monthovermonth dip in rents in september at 17 according to rentcom followed by illinois down 46 and massachusetts 4 lower of the cities examined by rentcom cincinnati saw its rental market decline the most month over month at 68 year over year the statewide markets that decreased the most in september were those that increased the most meanwhile were city by city the markets that decreased the most year over year in september were and the biggest yearoveryear increases were in