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Kansas

• December 2022 average rent: $981

• November 2023 average rent: $1,029

• December 2023 average rent: $1,016

• One month change ($): $(13)

• One month change (%): -1.28%

• One year change ($): $35

• One year change (%): 3.44%

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Kentucky

• December 2022 average rent: $962

• November 2023 average rent: $1,004

• December 2023 average rent: $997

• One month change ($): $(7)

• One month change (%): -0.70%

• One year change ($): $35

• One year change (%): 3.51%

Louisiana

• December 2022 average rent: $1,037

• November 2023 average rent: $1,054

• December 2023 average rent: $1,046

• One month change ($): $(8)

• One month change (%): -0.76%

• One year change ($): $9

• One year change (%): 0.86%

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Michigan

• December 2022 average rent: $1,107

• November 2023 average rent: $1,139

• December 2023 average rent: $1,130

• One month change ($): $(9)

• One month change (%): -0.80%

• One year change ($): $23

• One year change (%): 2.04%

Mississippi

• December 2022 average rent: $947

• November 2023 average rent: $977

• December 2023 average rent: $967

• One month change ($): $(10)

• One month change (%): -1.03%

• One year change ($): $20

• One year change (%): 2.07%

Missouri

• December 2022 average rent: $1,069

• November 2023 average rent: $1,078

• December 2023 average rent: $1,076

• One month change ($): $(2)

• One month change (%): -0.19%

• One year change ($): $7

• One year change (%): 0.65%

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Montana

• December 2022 average rent: $1,049

• November 2023 average rent: $1,079

• December 2023 average rent: $1,071

• One month change ($): $(8)

• One month change (%): -0.75%

• One year change ($): $22

• One year change (%): 2.05%

Nebraska

• December 2022 average rent: $1,088

• November 2023 average rent: $1,127

• December 2023 average rent: $1,116

• One month change ($): $(11)

• One month change (%): -0.99%

• One year change ($): $28

• One year change (%): 2.51%

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New Mexico

• December 2022 average rent: $1,037

• November 2023 average rent: $1,048

• December 2023 average rent: $1,036

• One month change ($): $(12)

• One month change (%): -1.16%

• One year change ($): $(1)

• One year change (%): -0.10%

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North Carolina

• December 2022 average rent: $1,182

• November 2023 average rent: $1,166

• December 2023 average rent: $1,155

• One month change ($): $(11)

• One month change (%): -0.95%

• One year change ($): $(27)

• One year change (%): -2.34%

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North Dakota

• December 2022 average rent: $974

• November 2023 average rent: $1,067

• December 2023 average rent: $1,076

• One month change ($): $9

• One month change (%): 0.84%

• One year change ($): $102

• One year change (%): 9.48%

Ohio

• December 2022 average rent: $1,064

• November 2023 average rent: $1,082

• December 2023 average rent: $1,078

• One month change ($): $(4)

• One month change (%): -0.37%

• One year change ($): $14

• One year change (%): 1.30%

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Oklahoma

• December 2022 average rent: $945

• November 2023 average rent: $964

• December 2023 average rent: $965

• One month change ($): $1

• One month change (%): 0.10%

• One year change ($): $20

• One year change (%): 2.07%

South Carolina

• December 2022 average rent: $1,181

• November 2023 average rent: $1,194

• December 2023 average rent: $1,184

• One month change ($): $(10)

• One month change (%): -0.84%

• One year change ($): $3

• One year change (%): 0.25%

South Dakota

• December 2022 average rent: $935

• November 2023 average rent: $917

• December 2023 average rent: $903

• One month change ($): $(14)

• One month change (%): -1.55%

• One year change ($): $(32)

• One year change (%): -3.54%

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Tennessee

• December 2022 average rent: $1,124

• November 2023 average rent: $1,110

• December 2023 average rent: $1,101

• One month change ($): $(9)

• One month change (%): -0.82%

• One year change ($): $(23)

• One year change (%): -2.09%

West Virginia

• December 2022 average rent: $849

• November 2023 average rent: $899

• December 2023 average rent: $894

• One month change ($): $(5)

• One month change (%): -0.56%

• One year change ($): $45

• One year change (%): 5.03%

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Wisconsin

• December 2022 average rent: $1,133

• November 2023 average rent: $1,180

• December 2023 average rent: $1,178

• One month change ($): $(2)

• One month change (%): -0.17%

• One year change ($): $45

• One year change (%): 3.82%

Wyoming

• December 2022 average rent: $984

• November 2023 average rent: $1,042

• December 2023 average rent: $1,034

• One month change ($): $(8)

• One month change (%): -0.77%

• One year change ($): $50

• One year change (%): 4.84%

Methodology: For this study, GOBankingRates analyzed data from ApartmentList.com to find the average rental cost for a two-bedroom apartment in every state. Using the average rental cost for December 2022, November 2023, and December 2023, as sourced from ApartmentList.com, GOBankingRates calculated the month over month change in price and percent, as well as the year over year change in price and percent. Maine, Vermont and Alaska did not have reliable rental data and are excluded from this list. All data was collected and is up to date as of Feb. 21, 2024.

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This article originally appeared on GOBankingRates.com: 25 Cheapest States To Rent a 2-Bedroom Home in 2024